 | Howard Irving Smith - 1903 - 560 σελίδες
...of the interest 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... | |
 | International Correspondence Schools - 1903 - 650 σελίδες
...discharge of the interest then due. If the payment exceed the interest, the surplus goes toward 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... | |
 | 1905 - 168 σελίδες
...of the interest 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 is less than the interest, the surplus of interest must... | |
 | 1906 - 1266 σελίδες
...the interest then due, and. 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 principal remaining due, but whereby, if the payment be less than the interest, the surplus of interest due must not be taken... | |
 | Wayland Everett Benjamin - 1906 - 602 σελίδες
...of the interest 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... | |
 | New Mexico. Supreme Court, John Abbott, Paul A. F. Walter - 1908 - 656 σελίδες
...of the interest 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. Such was the rule employed in computing interest on the note involved... | |
 | United States. Supreme Court - 1911 - 1132 σελίδες
...of the Interest then due. If the payment exceeds the Interest, the surplus goes towards discharging the principal, and the subsequent Interest Is to be...balance of principal remaining due. If the payment Is less than the Interest, the surplus of Interest must not lie taken to augment the principal ; hut... | |
 | William Mark McKinney - 1917 - 1204 σελίδες
...of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be...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... | |
 | Michigan. Attorney General's Office - 1914 - 906 σελίδες
...of the interest 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... | |
 | 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
...of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be...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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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 until the period when the payments, taken together, exceed the interest due... 
