In re Estate of Den
Citations
- 35 Cal. 692
- 1868 Cal. LEXIS 145
Syllabus
<p>Rule for Computing- Interest.—The rule for computing interest where partial payments have been made, is that where the partial payment exceeds the amount then due for interest, the principal sum and interest shall be added together, and the payment deducted, and the remainder will bear interest until the next payment. But if the interest, due at the time of a partial payment-, exceeds the amount paid, the payment shall be credited on the accrued interest, and the balance of unpaid interest shall be added to the interest afterwards accruing until the next payment.</p> <p>Idem.—The rule of law, except in certain special equitable cases, is that interest shall not be compounded unless in accordance with the stipulations of the contract between the parties.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “[A]n answer by the Supreme Court to the question certified would constitute a decision of the entire case by this court instead of the Court of Appeals. Under the Constitution this cannot be done.” (citations omitted)
- “ [A] n answer by the Supreme Court to the question certified would constitute a decision of the entire case by this court instead of the Court of Appeals. Under the Constitution this cannot be done.” (citations omitted)
Source: CourtListener parenthetical corpus (CC0).
Judges: Crockett
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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