 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...  Higher Book - Page 192by William Seneca Sutton - 1896Full view - About this book
 | Dominick T. Blake - Court rules - 1818 - 706 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...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 - 538 pages
...be less than the interest, the MMplus 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 towards discharging the principal ; and interest is to be computed on the balance of principal as albresaid."... | |
 | Nicolas Pike - Arithmetic - 1832 - 538 pages
...interest, the surplus of interest must not be taken to augment the principal ; but interest continues en the former principal until the period when the payments,...together, exceed the interest due. and then the surplus is W be applied towards discharging the principal ; and interest is to be computed on the balance of principal... | |
 | Nicolas Pike - Arithmetic - 1822 - 560 pages
...taken to augment the principal; but interest 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 towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid."... | |
 | Murray Hoffman - Equity pleading and procedure - 1824 - 472 pages
...be computed on the balance of principal due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment the principal,...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
...remaining due. If the payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the...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
...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...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 - 544 pages
...payment be less than the imprest, the surplus of interest must not betaken to augment the principal; but interest continues on the former principal until the...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 - 288 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 towards discharging the principal; and Interest is to be computed on the balance of principal as aforesaid."... | |
 | John Preston - Arithmetic - 1834 - 312 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 towards discharging the principal ; and interestjs to be computed on the balance of principal as aforesaid."... | |
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