 | Thomas A. Rice - 1889 - 364 σελίδες
...discharge of the interest due. 2. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be...computed on the balance of principal remaining due. 3. If the payment be less than the interest then due, the surplus of interest must not be taken to... | |
 | Henry Stanton Tiffany - 1890 - 96 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... | |
 | John Davison Lawson - 1890 - 944 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 payments be less than the interest, the surplus of interest must... | |
 | 1891 - 1266 σελίδες
...towards discharging the principal, and the subséquent interest ia to be computed on the balance of the principal remaining due. If the payment be less than...interest must not be taken to augment the principal, but the Interest continues on the former principal until the period when the payments, taken together,... | |
 | Abraham Clark Freeman - 1891 - 1038 σελίδες
...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...interest must not be taken to augment the principal, but the interest continues on the former principal until the period when the payments, taken together,... | |
 | Abraham Clark Freeman - 1891 - 1028 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 lees than the interest, the surplus of interest must... | |
 | Jabez Gridley Sutherland - 1893 - 1132 σελίδες
...discharge 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 unpaid. If the payment be less than the interest the surplus interest must not be taken... | |
 | Leonard Augustus Jones - 1894 - 1000 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 1 United States Mortgage Co. v. Sperry, Mathews v. Toogood, 23 Neb. 536, 37 NW 138 US 313, 11 Sup.... | |
 | Horatio Nelson Robinson - 1895 - 526 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 snrplus of interest must... | |
 | William Seneca Sutton - 1896 - 342 σελίδες
...interest then due. 2. . " If the payment exceeds 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. 3. " If the payment be less than the interest, the surplus of interest... | |
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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... 
