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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... "
The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ... - Σελίδα 314
των Horatio Nelson Robinson - 1868 - 456 σελίδες
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An historical treatise on the practice of the Court of Chancery of the State ...

Dominick T. Blake - 1818 - 650 σελίδες
...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...be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid. (A) Whether the practice prevailing....

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 532 σελίδες
...than the interest, the MMplus of interest must not be taken to augment the principal ; but interest continues on the former principal until the period...be applied towards discharging the principal ; and interest is to be computed on the balance of principal as albresaid." [Johnson's Chancery Reports,...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 532 σελίδες
...taken to augment the principal; but interest continues on the former principal until the period whett the payments, taken together, exceed the interest...be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports,...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 532 σελίδες
...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...

Reports of Cases Adjudged in the Court of Chancery of New-York ..., Τόμος 7

William Johnson - 1824
...less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until the period...towards discharging the principal, and the interest afterwards computed on the balance of principal. State of Connecticut v. Jackson, 1 JCR 13. SP Stoughton...

The office and duties of masters in chancery and practice in the master's ...

Murray Hoffman - 1824 - 437 σελίδες
...than the interest, the surplus interest. must not be taken to augment the principal, but the interest continues on the former principal, until the period...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...

A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1832 - 263 σελίδες
...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...be applied towards discharging the principal; and Interest is to be computed on the balance of principal as aforesaid." (Johnson's Chancery Reports,...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 528 σελίδες
...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...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."...

Cobb's Explanatory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1832 - 216 σελίδες
...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...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."...

The North American arithmetic: Part third, for advanced scholars, Μέρος 3

Frederick Emerson - 1834 - 288 σελίδες
...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...be applied towards discharging the principal; and interest is to be Computed on the balance, as aforesaid." The interest on the following notes, must...




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