 | Emerson Elbridge White - Arithmetic - 1883 - 368 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...interest due, and then the surplus is to be applied toward discharging the principal, and the interest is to be computed on the balance, as aforesaid.... | |
 | Emerson Elbridge White - Arithmetic - 1883 - 370 pages
...interest, the surplus of interest must not be taken to augment the principal, but interest continuen on the former principal until the period when the...interest due, and then the surplus is to be applied toward discharging the principal, and the interest is to be computed on the balance, as aforesaid.... | |
 | Emerson Elbridge White - Arithmetic - 1883 - 374 pages
...taken to augment the principal, but interest continues on the, former principal until the period ivhen the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging the principal, and the interest is to be computed on the balance, as aforesaid.... | |
 | Law reports, digests, etc - 1883 - 994 pages
...be less than the interest, the surplus of interest must not be t:ik>?n to augment the principal, but Interest continues on the former principal until the...period when the payments, taken together, exceed the intere>t due. and then the surplus is to be applifid towards discharging the principal, and the Interest... | |
 | Law reports, digests, etc - 1917 - 1232 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 on the balmier. State of Connecticut v. Jackson, 1 Johns. Ch. (NY) 13 [7... | |
 | Law reports, digests, etc - 1891 - 1148 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...payments, taken together, exceed the interest due, and the surplus is to be applied towards discharging the principal, and interest is to be computed on the... | |
 | Law reports, digests, etc - 1891 - 1158 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, exceed theinterest due, and the surplus is to be applied towards discharging the principal, and interest is... | |
 | D. M. Garret - Arithmetic - 1886 - 202 pages
...remaining due. « III. — If the payment be less than the interest, the surplus of the interest must not be taken to augment the principal ; but the interest...former principal until the period when the payments exceed the interest due, and then the surplus is to be applied towards discharging the principal, and... | |
 | Waite A. Schoemaker - Arithmetic - 1887 - 454 pages
...principal; but interest continues on the former principal until the period 1rhen the payments, tal•en together, exceed the interest due, and then the surplus is to be applied toward discharging the principal, and interest is to be computed on the balance a9 aforesaid. 1. A... | |
 | California. Supreme Court - Law reports, digests, etc - 1888 - 568 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...payments, taken together, exceed the interest due." It seems, however, from the evidence, that a different mode of computing interest is common among merchants.... | |
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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... 
