 | 1901 - 620 σελίδες
...to the discharging of the interest then due. If the payment exceeds the interest, the surplus goe* towards discharging the principal, and the subsequent...the payment be less than the interest the surplus of interest must not be taken to augment the principal, but the interest continues on the former principal... | |
 | Howard Irving Smith - 1903 - 560 σελίδες
..."When partial payments have been made, apply the payment, in the first place, to the discharging of the interest then due. If the payment exceeds the...the payment be less than the interest the surplus of interest must not be taken to augment the principal, but the interest continues on the former principal... | |
 | International Correspondence Schools - 1903 - 650 σελίδες
...the discharge of the interest then due. If the payment exceed the interest, the surplus goes toward discharging the principal, and the subsequent interest...the payment be less than the interest, the surplus of interest must not be '«2.1 Pa. 411 (1855). "4 Dowl. & Ry. (Enicr.) 783 (1824). "63Md. 171 (1884).... | |
 | Oscar Lynn Kelso - 1903 - 302 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of the 226 interest must not be taken to augment the principal ; but interest continues on the former... | |
 | Edward Voigt, Charles Voigt - 1904 - 836 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal 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 the former principal... | |
 | 1905 - 168 σελίδες
...the partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the...balance of the principal remaining due. If the payment is less than the interest, the surplus of interest must not be taken to augment the principal; but... | |
 | Wayland Everett Benjamin - 1906 - 602 σελίδες
...when partial payments have been made is to apply the payment in the first place to the discharge of the interest then due. If the payment exceeds the...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... | |
 | Theodore Sedgwick - 1912 - 870 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal 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 the former principal... | |
 | Michigan. Attorney General's Office - 1914 - 906 σελίδες
...'When partial payments have been made, apply the payment, in the first place, to the discharging of the interest then due. If the payment exceeds the...the payment be less than the interest, the surplus of interest must not be taken to augment the principal, but the interest continues on the former principal... | |
 | William Mark McKinney - 1917 - 1204 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of the interest must not be taken to augment the principal; but interest continues on the former principal... | |
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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 is to be applied towards discharging... 
