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Anonymous

3 N.C. 17
Procedural entryThis page is a short order in Anonymous. Read the opinion of the Court — 2 N.C. 226 →
Superior Court of North Carolina·Decided July 5, 1797·Published

Opinion

Per curiam.

In calculating interest, the payment must first be applied, to discharge the interest accrued at the time of payment ; and the excess of the payment, if any, carried to the reduction of the principal. The same directions were given in every case where the calculation of interest same in question during this term.

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Anonymous, 3 N.C. 17 (N.C. Ct. App. 1797).

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