| Peirpont Edward Bates Botham - Arithmetic - 1837 - 252 pages
...practice of tke Courts in the State of New York: RULE : — " The Rule for casting Interest, where partial payments have been made, is to apply the payment,...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| William Johnson - Law reports, digests, etc - 1837 - 678 pages
...discussed and defended by the chancellor, in the case of Thompson v. Berry, 3 JCR 395. 1069. The rule for casting interest, when partial payments have been made, is to apply the payment, in the first instance, to the discharge of the interest then due. If the payment exceeds the interest, the surplus... | |
| George Willson - Arithmetic - 1838 - 194 pages
...Chancellor Kent, of the state of New- York. According to this decision, the method of casting interest is, to " apply the payment in the first place to the...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1839 - 536 pages
...In the New York Chancery Reports, this rule is thus stated by Chancellor Kent ; — " The rule for casting interest, when partial payments have been...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1839 - 572 pages
...In the New York Chancery Reports, this rule is thus stated by Chancellor Kent ; — " The rule for casting interest, when partial payments have been...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Frederick Emerson - Arithmetic - 1839 - 300 pages
...chancellor KENT, and here given in the Chancellor's own words, as follows. " The rule for casting inter eft, when partial payments have been made, is to apply...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Frederick Emerson - Arithmetic - 1839 - 300 pages
...chancellor KENT, and here given in the Chancellor's own words, as follows. " The rule for casting intereft, when partial payments have been made, is to apply the payment, in the Jin,t place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus... | |
| George Roberts Perkins - Arithmetic - 1841 - 274 pages
...following rule, which was given by Chancellor KENT, in the New York Chancery Reports: RULE. " The rule for casting interest, when partial payments have been...of the interest then due. If the payment exceed the in. lerest, the surplus goes towards discharging the principal, and the subsequent interest is to be... | |
| Esek Cowen - Justices of the peace - 1841 - 698 pages
...the late Chancellor Kent, is laid down by him in nearly the same words. ' The rule' (says he) ' for casting interest, when partial payments have been...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| W. F. Walker - Arithmetic - 1841 - 246 pages
...Chancellor Kent, of the state of New- York. According to this decision, the method of casting interest is, to "apply the payment in the first place to the...discharge of the interest then due. If the .payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
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