 | James Bates Thomson - 1855 - 436 σελίδες
...remaining due. HI. "If the payment be less than the interest, the surplus of Merest must not be taJcen 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 •tstobe applied towards discharging... | |
 | Noble Heath - 1856 - 472 σελίδες
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the...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... | |
 | James Robinson - 1856 - 108 σελίδες
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the...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... | |
 | Frederick Emerson - 1834 - 340 σελίδες
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the...but interest continues on the former principal until 4he period when the payments, taken together, exceed the interest due, and then the surplus is to be... | |
 | John Fair Stoddard - 1856 - 312 σελίδες
...interest then due. If the payment exceed the interest, tht surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus of interest must... | |
 | Pliny Earle Chase - 1857 - 338 σελίδες
...then due. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on 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... | |
 | Joseph Ray - 1857 - 348 σελίδες
...exceeds the Int., the surplus goes toward discharging the principal, and the subsequent Int. is to he computed on the balance of principal remaining due. "If the payment be less than the Int., the surplus of Int. must not be taken to augment the principal, but Int. continues on the former... | |
 | William H. R. Wood - 1857 - 834 σελίδες
...then due; if the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining. If the payment be less than the interest, the surplus of interest must not... | |
 | Silas Lawrence Loomis - 1859 - 324 σελίδες
...due." II. "If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining due." III. "If the payment be less than the interest, the surplus of the interest... | |
 | Iowa. Supreme Court - 1860 - 688 σελίδες
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the...taken to augment the principal, but interest continues upon the former principal until the period when the payments, taken together, exceed the interest due,... | |
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The rule for casting interest, 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 interest, the surplus goes towards discharging the principal, and the... 
