 | John Davison Lawson - 1890 - 944 σελίδες
...augment the principal; but interest continues on the former principal until the period when the payment*, taken together, exceed the interest due; and then...computed on the balance of principal, as aforesaid '; and this rule is sustained by Penrose v. Hart, I Dall. 378; Lightfoot v. Price, 4 Hen. & M. 431... | |
 | Henry Stanton Tiffany - 1890 - 96 σελίδες
...be taken to augment the principal; but interest continues on former principal until the period when the payments, taken together, exceed the interest...principal, and interest is to be computed on the balance. Discount. Discount is an allowance made for the payment of money before it becomes due, and is either... | |
 | Abraham Clark Freeman - 1891 - 1038 σελίδες
...to augment the principal, but the interest continues on the former principal until the period when the payments, taken together, exceed the interest...applied towards discharging the principal, and interest u to be computed on the balance as aforesaid." This rule was adopted by this court in Payne v. Avery,... | |
 | Abraham Clark Freeman - 1891 - 1028 σελίδες
...to augment the principal, but the interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus ia to be applied towards discharging the principal, and interest is to be computed on the balance as... | |
 | Leonard Augustus Jones - 1894 - 1000 σελίδες
...to augment the principal, but the interest continues on the former principal until the period when the payments, taken together, exceed the interest...principal, and interest is to be computed on the balance as aforesaid." This is the rule generally adopted in this country.1 What is known as the Connecticut... | |
 | John Tilden Prince - 1894 - 246 σελίδες
...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 is to be applied toward discharging the principal." Tell this to the pupils, and show how it would be applied in 7 if... | |
 | Horatio Nelson Robinson - 1895 - 526 σελίδες
...to augment the principal, but the interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging the principal, and the interest is to be computed on the balance as aforesaid."... | |
 | John Williston Cook, Nebraska Cropsey - 1896 - 452 σελίδες
...taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...principal; and interest is to be computed on the balance as aforesaid, Illustrative Problem. A note of $850, bearing interest at 8%, and dated March 1, 1885,... | |
 | 1896 - 1182 σελίδες
...continues on the former principal until the period when payments, taken together, exceed the interest clue, and then the surplus is to be applied towards discharging the principal, and interest is to be comnuted on the balance of »rinciiiul, as aforesaid. (Syllabus by the Court.) Appeal from district... | |
 | William Seneca Sutton - 1896 - 342 σελίδες
...to augment the principal, but the interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging the principal, and the interest is to be computed on the balance as aforesaid."... | |
| |
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... 
