 | New York (State) - 1917 - 360 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... | |
 | Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - 1917 - 830 σελίδες
...goes toward 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... | |
 | 1919 - 1092 σελίδες
...goes toward 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... | |
 | 1919 - 832 σελίδες
...goes toward discharging the principal, and the subsequent interest is to be computed on a 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... | |
 | Kenneth Farwell Burgess, James A. Lyons - 1921 - 410 σελίδες
...rule is as follows: "When a partial payment is made, apply the payment in the first place to discharge the interest then due. If the payment exceeds the...the payment be less than the interest, the surplus of the interest must not be taken to increase the principal; but interest continues on the former principal... | |
 | 1924 - 1064 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... | |
 | North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - 1921 - 758 σελίδες
...goes toward 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... | |
 | 1925 - 1624 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... | |
 | United States. Tax Court - 1943 - 1330 σελίδες
...follows: "When partial payments have been made, 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 the interest continues on the former principal... | |
 | United States. Tax Court - 1944 - 1254 σελίδες
...the first place, to the discharge of the interest then due. If the payment exceeds the interest, Ihe surplus goes towards discharging the principal, and...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... | |
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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... 
