 | George Roberts Perkins - 1850 - 356 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...until the period when the payments, taken together, equal or exceed the interest due, and then the surplus is to be applied towards discharging the principal... | |
 | George Roberts Perkins - 1851 - 356 σελίδες
...exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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
...exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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
...exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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... | |
 | 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
...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,... | |
 | Daniel Leach - 1853 - 622 σελίδες
...exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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... | |
 | Frederick Emerson - 1834 - 340 σελίδες
...exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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... | |
 | William H. R. Wood - 1857 - 834 σελίδες
...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...payments taken together exceed the interest due." Backus v. Minor, 3 Cal. '¿31. 6. Where an account has been stated by plaintiff, charging Interest... | |
 | Pliny Earle Chase - 1857 - 338 σελίδες
...exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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... | |
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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... 
