 | 1905 - 168 σελίδες
...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 interest continues on former principal until the period when the payments, taken together, exceed the interest due, and then... | |
 | 1906 - 1266 σελίδες
...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;...then the surplus is to be applied towards discharging the principal, and interest is to be computed on the balance as aforesaid." Connecticut т. Jackson,... | |
 | Wayland Everett Benjamin - 1906 - 602 σελίδες
...the balance of the principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal,...then the surplus is to be applied towards discharging the principal, and interest is to be computed on the balance as aforesaid." INTEREST ON LEGACIES,—Continued.... | |
 | John Williston Cook, Nebraska Cropsey - 1906 - 384 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. interest continues on the former principal until the...interest due, and then the surplus is to be applied toward discharging the principal; and interest is to be computed on the balance as aforesaid. Note.... | |
 | George Soulé - 1910 - 1042 σελίδες
...balance of principal remaining due. III. — If tbe payment be less than the iuterest, the surplus of interest must not be taken to augment the principal...then the surplus is to be applied towards discharging the principal, and interest is to be computed on the balance as aforesaid. [See Chancellor Kent, Johnson's... | |
 | United States. Supreme Court - 1911 - 1132 σελίδες
...to augment the principal ; hut interest continuos on iho former principal untn the period traen toe payments, taken together, exceed the Interest due,...then the surplus Is to be applied towards discharging the principal, and Interest Is to be computed on the balance. Slate of Connecticut v. Jackson, 1 Johns.... | |
 | Theodore Sedgwick - 1912 - 870 σελίδες
...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;...then the surplus is to be applied towards discharging the principal; and interest is to be computed on the balance, as aforesaid.485 Where by 411 United... | |
 | William Mark McKinney - 1917 - 1204 σελίδες
...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;...then the surplus is to be applied towards discharging the principal, and interest is to be computed on the balance as aforesaid.6 A few cases, however, follow... | |
 | Michigan. Attorney General's Office - 1914 - 906 σελίδες
...less than the interest, the surplus of interest must not be taken to augment the principal, but the interest continues on the former principal until the...then the surplus is to be applied towards discharging the principal, and interest is to be computed on the balance as aforesaid.' This rule was adopted by... | |
 | New York (State) - 1917 - 360 σελίδες
...the balance of the principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal;...then the surplus is to be applied towards discharging the principal; and interest is to be computed on the balance, as aforesaid." Connecticut v. Jackson,... | |
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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... 
