 | George Roberts Perkins - 1851 - 356 σελίδες
...interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the...than the interest, the surplus of interest must not IK; taken to augment the principal; but interest continues on the former principal until the period... | |
 | Daniel Leach - 1851 - 280 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...the payment be less than the interest, the surplus must not be taken to augment the principal; but interest continues on the former principal until the... | |
 | 1852 - 780 σελίδες
...interest then due. If the payment exceeds the interest, the surplus goes toward diecharging 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... | |
 | 1852 - 780 σελίδες
...interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the...than the interest, the surplus of interest must not bo taken to augment the principal ; but interest continues on the former principal until the period... | |
 | John Fair Stoddard - 1852 - 320 σελίδες
...then due. ~ If the payment exceed the interest, the surplus gnex 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... | |
 | 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 - 1891 - 780 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 due. If the payment be less than the interest, the surplus of interest must... | |
 | Daniel Leach - 1853 - 622 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...the payment be less than the interest, the surplus must not be taken to augment the principal; but interest continues on the former principal until the... | |
 | Charles D. Lawrence - 1854 - 336 σελίδες
...interest then due. If the payment exceed 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... | |
 | George Roberts Perkins - 1855 - 388 σελίδες
...interest then due. If the payment exceed 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... | |
 | Noble Heath - 1855 - 468 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... | |
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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... 
