 | Horatio Nelson Robinson - Arithmetic - 1860 - 444 pages
...taken 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
...be 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
...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 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
...be 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,... | |
 | Benjamin Vaughan Abbott, Austin Abbott - Law reports, digests, etc - 1864 - 808 pages
...be taken to augment the principal; but interest continues on the former principal until the period when the payments, taken .together, exceed the interest...discharging the principal, and interest is to be computed ou the balance. Chancery, 1814, State of Connecticut B. Jackson, 1 John*. Ch., 18; 1822, Van Benschooten... | |
 | Law - 1865 - 358 pages
...be taken to argument 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 beapplied towards discharging the principal, and interest is to be computed on the balance of principal... | |
 | George Roberts Perkins - Arithmetic - 1865 - 360 pages
...be takcn 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 bt applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid."... | |
 | Benjamin Vaughan Abbott, Austin Abbott - Conveyancing - 1866 - 758 pages
...be 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. Compound interest, or interest calculated upon unpaid interest, is not in general collectable, unless... | |
 | John Groesbeck - Arithmetic - 1867 - 226 pages
...be taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...interest is to be computed on the balance as aforesaid. Decision of Chancellor Kent, Johnson's Chancery Rep., vol. ip 17. Or, 99. -Apply whatever payments... | |
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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... 
