 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...  Michigan Reports: Cases Decided in the Supreme Court of Michigan - Σελίδα 191των Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1891Πλήρης προβολή - Σχετικά με αυτό το βιβλίο
 | Dominick T. Blake - 1818 - 706 σελίδες
...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...principal ; and interest is to be computed on the balance of principal as aforesaid. (A) Whether the practice prevailing. among merchants, in settling their... | |
 | Nicolas Pike - 1822 - 536 σελίδες
...be less than the interest, the MMplus of interest must not be taken to augment the principal ; but interest continues on the former principal until the...principal ; and interest is to be computed on the balance of principal as albresaid." [Johnson's Chancery Reports, Vol. I. page 17.] This Rule contains the following... | |
 | Nicolas Pike - 1822 - 562 σελίδες
...taken to augment the principal; but interest continues on the former principal until the period whett the payments, taken together, exceed the interest...principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports, Vol. I. page 17.] Tiiis Rule contains the... | |
 | Nicolas Pike - 1832 - 538 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... | |
 | Murray Hoffman - 1824 - 472 σελίδες
...be computed on the balance of principal due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment the principal,...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... | |
 | New York (State). Court of Chancery, William Johnson - 1824 - 748 σελίδες
...remaining due. If the payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the...be applied towards discharging the principal, and the interest afterwards computed on the balance of principal. State of Connecticut v. Jackson, 1 JCR... | |
 | William Ruger - 1832 - 282 σελίδες
...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...principal; and Interest is to be computed on the balance of principal as aforesaid." (Johnson's Chancery Reports, Vol. I. page 17.) This Rule is founded on... | |
 | Lyman Cobb - 1832 - 228 σελίδες
...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...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."... | |
 | Nicolas Pike - 1832 - 544 σελίδες
...payment be less than the imprest, the surplus of interest must not betaken to augment the principal; but interest continues on the former principal until the...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."... | |
 | John Preston - 1834 - 312 σελίδες
...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...be applied towards discharging the principal ; and interestjs to be computed on the balance of principal as aforesaid." In the settlement of accounts,... | |
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