 | Pliny Earle Chase - Arithmetic - 1857 - 338 pages
...taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...principal, and interest is to be computed on the balance as aforesaid." Interest is generally considered as payable annually, unless a different understanding... | |
 | Daniel Leach - 1857 - 314 pages
...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 is to be dpplied towards discharging the principal, and interest is to be computed on the^alance, as aforesaid."... | |
 | Silas Lawrence Loomis - Arithmetic - 1859 - 324 pages
...taken to augment the principal, but interest continues on the former principal until the period when the payments, taken together, exceed the interest...be applied towards discharging the principal, and the interest is to be computed on the balance as aforesaid." — Chancellor Kent. 291. This may be... | |
 | Iowa. Supreme Court - Law reports, digests, etc - 1860 - 688 pages
...taken to augment the principal, but interest continues upon the former principal until the period when the payments, taken together, exceed the interest...principal, and interest is to be computed on the balance, as aforesaid." This rule is adopted in Dean v. Williams, 17 Mass. 417 ; Williams v. Houghlaling, 3... | |
 | James Bates Thomson - Arithmetic - 1860 - 440 pages
...taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...towards .discharging the principal ; and interest it to be computed on the balance as aforesaid." Note. — The above rule is adopted by New Ynrk, MnssacJiiisetb,... | |
 | Horatio Nelson Robinson - Arithmetic - 1860 - 444 pages
...to augment the principal, but the interest continues on the former principal until the period when the payments, taken together, exceed the interest...be applied towards discharging the principal, and the . interest is to be computed on the balance as aforesaid." — Decision of Chancellor Kent. This... | |
 | Emerson Elbridge White - Arithmetic (Commercial), 1861 - 1861 - 348 pages
...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, and interest is to be computed on the balance as aforesaid. This... | |
 | James Bates Thomson - Arithmetic - 1862 - 436 pages
...taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...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
...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 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 - 790 pages
...taken to augment the principal, but interest continues on the former principal until the period when the payments, taken together, exceed the interest...principal; and interest is to be computed on the balance. Chancery, 1814, State of Connecticut t>. Jackson, 1 John*. Ch., 13. But compare Stoughton «. Lynch,... | |
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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... 
