 | James Bates Thomson - Arithmetic - 1860 - 440 pages
...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...be applied towards .discharging the principal ; and interest it to be computed on the balance as aforesaid." Note. — The above rule is adopted by New... | |
 | Iowa. Supreme Court - Law reports, digests, etc - 1860 - 688 pages
...interest, the surplus of interest must not be taken to augment the principal, but interest continues upon the former principal until the period when the payments,...be applied towards discharging the principal, and interest is to be computed on the balance, as aforesaid." This rule is adopted in Dean v. Williams,... | |
 | James De Fremery - Mortgages - 1860 - 118 pages
...less than the interest due, the surplus of interest must not be taken to augment the principal, but interest continues on the former principal until the...payments, taken together, exceed the interest due. Connecticut v. Jackson, 1 Johns. Chan. Rep. p. 13. This rule prevails unless changed by agreement of... | |
 | Emerson Elbridge White - Arithmetic (Commercial), 1861 - 1861 - 348 pages
...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 equal or exceed the interest due, and then the surplus is to be applied toward discharging the principal,... | |
 | James Bates Thomson - Arithmetic - 1862 - 436 pages
...be less than the interest, the surplus nj interest must not be taken to augment the principal ; but interest continues on the former principal until the...then the surplus is to be applied towards discharging tJie principal ; and interest it to.lie computed on the balance as aforesaid." Jfnte. — The above... | |
 | James Bates Thomson - Arithmetic - 1862 - 428 pages
...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...together, exceed the interest due, and then the surplus w to be applied towards discharging t/ie principal; and interest it to be computed on the balance as... | |
 | Benjamin Vaughan Abbott, Austin Abbott - Law reports, digests, etc - 1864 - 808 pages
...is 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...be applied towards discharging the principal, and interest is to be computed ou the balance. Chancery, 1814, State of Connecticut B. Jackson, 1 John*.... | |
 | Alonzo Christopher Paige - Equity - 1864 - 828 pages
...payment be less than the interest, the surplus interest must not be taken to augment tha principal ; but interest continues on the former principal until the...the payments taken together exceed the interest due, an 1 then the surplus is to be applied toward discharging the principal ; and interest u to be computed... | |
 | Law - 1865 - 358 pages
...be less than the interest, the surplus of interest must not be taken to argument the principal ; but interest continues on the former principal until the...exceed the interest due, and then the surplus is to beapplied towards discharging the principal, and interest is to be computed on the balance of principal... | |
 | George Roberts Perkins - Arithmetic - 1865 - 360 pages
...be less than the interest, the surplus of interest must not be takcn to augment the principal ; but interest continues on the former principal until the...exceed the interest due, and then the surplus is to bt applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid."... | |
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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... 
