 | Eugene L. Dubbs - Arithmetic - 1901 - 462 pages
...RULE When partial payments have been made, apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | Commerce - 1901 - 620 pages
...\Vhen partial payments have been made, apply the payment, in the Hrst place. to the discharging of the interest then due. If the payment exceeds the interest, the surplus goe* towards discharging the principal, and the subsequent interest is to be computed on the balance... | |
 | Joseph Ray - Arithmetic - 1903 - 366 pages
..." When partial payments have been made, apply the payment, in the first place, to the discharge of the interest then due. "If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | Abraham Clark Freeman - Law reports, digests, etc - 1903 - 1132 pages
...partial payments have been made, is to apply the payment, in the first place, to the discharge of tho interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
..."when partial payments have been made, the payment is to apply in the first place to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward the discharge of the principal, and the subsequent interest is to be computed on the balance... | |
 | Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - Law reports, digests, etc - 1917 - 830 pages
...where partial payments have been made, 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 toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | Law reports, digests, etc - 1919 - 1092 pages
...rule is generally applied. That rule 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 toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | 1919 - 832 pages
...where partial payments have been made, 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 toward discharging the principal, and the subsequent interest is to be computed on a balance of principal... | |
 | Leonard Augustus Jones - Mortgages - 1928 - 1100 pages
...111. 96. See also Leonard v. Villars, 23 111. 377. payment, in the first place, to the discharging of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of the... | |
 | North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - Court rules - 1921 - 758 pages
...rule is generally applied. That rule 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 toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
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The Rule for casting interest, where partial payments have been made, 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 toward discharging the principal, and the... 
