 | Nicolas Pike - Arithmetic - 1822 - 536 pages
...when partial payments hare kern mailf1, is to apply the payment, in the first place, to the dinebarge of the interest then due. If the payment exceeds the...the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance of principal remaining due. If the payment... | |
 | Nicolas Pike - Arithmetic - 1822 - 562 pages
...when partial payments have iiertj made, is ID apply the payment, in the firct place, to the disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest is to be computed on the balance of... | |
 | New York (State). Court of Chancery, William Johnson - Equity - 1824 - 748 pages
...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...principal ; and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus interest... | |
 | William Ruger - Arithmetic - 1832 - 282 pages
...State of New York : RULE I. — "The Rule for casting Interest, where partial payments have been made, is to apply the payment, in the first place, to the...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the Interest, the surplus of... | |
 | Lyman Cobb - Arithmetic - 1832 - 228 pages
...' in the State of New York. "The Rule for casting interest, where partial payments have been made, is to apply the payment, in the first place, to the...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... | |
 | Nicolas Pike - Arithmetic - 1832 - 544 pages
...Courts in the State of New- York. " The Rule for casting Interest, when partial payments have been made, is to apply the payment, in the first place, to the...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... | |
 | Frederick Emerson - Arithmetic - 1834 - 300 pages
...Chancellor's own words, as follows. " The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of... | |
 | John Preston - Arithmetic - 1834 - 312 pages
...Chancery Reports: of New York, Vol. 1 p. 17. CONNECTICUT v. JACKSON. When part payments have been made, apply the payment in the first place, to the discharge...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of... | |
 | George Willson - Arithmetic - 1836 - 202 pages
...Court of the United States, is laid down in a decision of Chancellor Kent, of the state of New-York. According to this decision, the method of casting...principal, and the subsequent interest is to be computed nn the balance of principal remaining due. If the payment be less than the interest, the surplus of... | |
 | Indiana. Supreme Court, Isaac Newton Blackford - Law reports, digests, etc - 1836 - 550 pages
...Chancellor Kent on this subject: — "The rule for casting interest, where partial payments have been made, is to apply the payment, in the first place, to the...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of... | |
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The rule for casting interest, when 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 towards discharging the principal, and the... 
