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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... "
A Complete Arithmetic: Uniting Mental and Written Exercises in a Natural ... - Σελίδα 181
των Emerson Elbridge White - 1870 - 304 σελίδες
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A Digest of New York Statutes and Reports: From the Earliest Period ..., Τόμος 3

Benjamin Vaughan Abbott, Austin Abbott - 1864 - 808 σελίδες
...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...interest due, and then the surplus is to be applied towards discharging the principal, and interest is to be computed ou the balance. Chancery, 1814, State...

Reports of Cases Argued and Determined in the Court of ..., Σελίδα 10,Τόμος 2

Alonzo Christopher Paige - 1864 - 828 σελίδες
...interest, the surplus interest must not be taken to augment tha principal ; but interest continues on the former principal until the period when the payments taken together exceed the interest due, an 1 then the surplus is to be applied toward discharging the principal ; and interest u to be computed...

Upper Canada Law Journal, Τόμος 1

1865 - 358 σελίδες
...interest, the surplus of interest must not be taken to argument the principal ; but interest continues on the former principal until the period when the...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...

An Elementary Arithmetic Serving as an Introduction to the Higher Arithmetic

George Roberts Perkins - 1865 - 360 σελίδες
...interest, the surplus of interest must not be takcn to augment the principal ; but interest continues on the former principal until the period when the...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."...

Clerks' and Conveyancers' Assistant: A Collection of Forms of Conveyancing ...

Benjamin Vaughan Abbott, Austin Abbott - 1866 - 758 σελίδες
...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...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,...

The Crittenden Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1867 - 226 σελίδες
...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...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...

Reports of Cases Argued and Determined in the Supreme Court of ..., Τόμος 28

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 - 1868 - 622 σελίδες
...interest, the surplus interest must not be taken to augment the principal ; but interest continues on the former principal until the period when 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...

The Crittenden Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1868 - 350 σελίδες
...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...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...

Practical Arithmetic, by Induction and Analysis

Joseph Ray - 1857 - 358 σελίδες
...than the -Int., the surplus of Int. must not be taken to augment the principal, but Int. 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...

Treatise on the Civil and Criminal Jurisdiction of Justices of the Peace and ...

Charles W. Langdon - 1870 - 858 σελίδες
...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. But where an account has been stated by the plaintiff, charging interest both on the debt and the payments,...




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