M`KEAN, Chief Justice.
The rule of computing interest must be such, that the interest of money paid in before the time, must be deducted from the interest of the whole sum due at the time appointed by the instrument for making the payment. For instance, a bond to pay £100, with annual interest at 6 per cent and at the end of six months, £50 is paid in. This payment shall not be apportioned, £3 to the discharge of the half year's interest, and £...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
