 | Benjamin Vaughan Abbott, Austin Abbott - Conveyancing - 1866 - 758 pages
...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 applied towards discharging the principal, and interest is to be computed on the balance. Compound interest,... | |
 | John Groesbeck - Arithmetic - 1867 - 226 pages
...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 applied towards discharging the principal, and interest is to be computed on the balance as aforesaid. Decision... | |
 | Whitman Peck - Arithmetic - 1868 - 304 pages
...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 as aforesaid. EXAMPLE 1. — HABTFOBD, Jan. 1, 1860. For value received, I promise to pay - Five Hundred Dollars... | |
 | Joseph Ray - Arithmetic - 1857 - 358 pages
...continues on the former principal, until the period when the payments, taken together, exceed the Int. due, and 'then the surplus is to be applied toward discharging the principal; and Int. is to be computed on the balance, as aforesaid." — KENT. CJ REM.— A PARTIAL PAYMENT, is payment... | |
 | John Groesbeck - Arithmetic - 1868 - 350 pages
...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 applied towards discharging the principal, and interest is to be computed on the balance as aforesaid. Decision... | |
 | Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - Law reports, digests, etc - 1868 - 622 pages
...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 applied towards discharging the principal ; and interest is to be computed on the balance of the principal... | |
 | John Innes Clark Hare - Civil procedure - 1871 - 952 pages
...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 applied towards discharging the principal ; and interest is to be computed on the balance of principal, as... | |
 | John Groesbeck - Business mathematics - 1871 - 370 pages
...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 applied towards discharging the principal, and interest is to be computed on the balance as aforesaid. Decision... | |
 | Calvin Townsend - Commercial law - 1871 - 620 pages
...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 applied towards discharging the principal, and interest is to be computed on the balance of the principal,... | |
 | Shelton Palmer Sanford - Arithmetic - 1872 - 404 pages
...the 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 applied toward discharging tlie principal, and the interest is to be computed on the balance as aforesaid." (6.) COLUMBUS, OA.,... | |
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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... 
