 | Dominick T. Blake - Civil procedure - 1818 - 706 pages
...principal, and compute interest upon the balance of principal remaining due, to the next payment. If the payment be less than the interest, the surplus of...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid.... | |
 | Nicolas Pike - Arithmetic - 1822 - 536 pages
...computed on the balance of principal remaining due. If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal...interest due. and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance of principal as albresaid."... | |
 | Nicolas Pike - Arithmetic - 1822 - 562 pages
...interest is to be computed on the balance of principal remaining due. If the payment be less than tin- interest, the surplus of interest must not be taken...continues on the former principal until the period whett the payments, taken together, exceed the interest due, and then the surplus is to be applied... | |
 | Nicolas Pike - Arithmetic - 1832 - 538 pages
...principal, anJ 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...to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due.... | |
 | Murray Hoffman - Equity pleading and procedure - 1824 - 472 pages
...IB-IS than the interest, the surplus interest. must not be taken to augment the principal, but the interest continues on the former principal, until...interest due ; and then the surplus is to be applied towards discharging the principal. In Stoughton v. Lynch, the subject was brought before him 2 johni.... | |
 | New York (State). Court of Chancery, William Johnson - Equity - 1824 - 748 pages
...payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until...interest due. and then the surplus is to be applied towards discharging the principal, and the interest afterwards computed on the balance of principal.... | |
 | Lyman Cobb - Arithmetic - 1832 - 228 pages
...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...is to be applied toward discharging the principal, and interest is to be computed on the balance of principal as aforesaid." The following Rule was established... | |
 | Nicolas Pike - Arithmetic - 1832 - 540 pages
...principal, and the subsequent isterest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of...is to be applied toward discharging the principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports,... | |
 | William Ruger - Arithmetic - 1832 - 282 pages
...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...Interest due, and then the surplus is to be applied towards discharging the principal; and Interest is to be computed on the balance of principal as aforesaid."... | |
 | Nicolas Pike - Arithmetic - 1832 - 544 pages
...principal remaining due. If the payment be less than the imprest, the surplus of interest must not betaken to augment the principal; but interest continues on...is to be applied toward discharging the principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports,... | |
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If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus... 
