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... The Northwestern Reporter - Page 3931883Full view - About this book
| Dominick T. Blake - Civil procedure - 1818 - 706 pages
...the next payment. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest continues...be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid. (A) Whether the practice prevailing.... | |
| Nicolas Pike - Arithmetic - 1822 - 536 pages
...principal remaining due. If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal ; but interest continues...be applied towards discharging the principal ; and interest is to be computed on the balance of principal as albresaid." [Johnson's Chancery Reports,... | |
| 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 - 562 pages
...remaining due. If the payment be less than tin- interest, the surplus of interest must not be 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... | |
| New York (State). Court of Chancery, William Johnson - Equity - 1824 - 748 pages
...payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until...towards discharging the principal, and the interest afterwards computed on the balance of principal. State of Connecticut v. Jackson, 1 JCR 13. SP Stoughton... | |
| Murray Hoffman - Equity pleading and procedure - 1824 - 472 pages
...IB-IS than the interest, the surplus interest. must not be taken to augment the principal, but the interest continues on the former principal, until...is to be applied towards discharging the principal. In Stoughton v. Lynch, the subject was brought before him 2 johni. C. on exceptions to the report of... | |
| Nicolas Pike - Arithmetic - 1832 - 544 pages
...to be computed on the balance of principal remaining due. If the payment be less than the imprest, the surplus of interest must not betaken to augment...interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance of principal as aforesaid."... | |
| William Ruger - Arithmetic - 1832 - 282 pages
...remaining due. If the payment be less than the Interest, the surplus of Interest must not be taken to augment the principal, but Interest continues on...be applied towards discharging the principal; and Interest is to be computed on the balance of principal as aforesaid." (Johnson's Chancery Reports,... | |
| Nicolas Pike - Arithmetic - 1832 - 540 pages
...remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest continues...interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance of principal as aforesaid."... | |
| Lyman Cobb - Arithmetic - 1832 - 228 pages
...remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest continues...interest due ; and then the surplus is to be applied toward discharging the principal, and interest is to be computed on the balance of principal as aforesaid."... | |
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