 | Emerson Elbridge White - 1883 - 370 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be LESS than the interest, the surplus...not be taken to augment the principal, but interest continuen on the former principal until the period when the payments, taken together, exceed the interest... | |
 | 1883 - 994 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not betaken to augment the principal; but interest continues on the former principal until the period when... | |
 | 1891 - 1148 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due; if the payment be less than the interest, the surplus...payments, taken together, exceed the interest due, and the surplus is to be applied towards discharging the principal, and interest is to be computed on the... | |
 | 1891 - 1158 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due; if the payment be less than the interest, the surplus...the period when the payments, taken together, exceed theinterest due, and the surplus is to be applied towards discharging the principal, and interest is... | |
 | California - 1886 - 758 σελίδες
...of the principal remaining. If the payment be lees than the interest, the surplus of interest most not be taken to augment the principal, but interest...payments taken together exceed the interest due." It seemed, however, from the evidence that a different mode of computing interest was common among... | |
 | D. M. Garret - 1886 - 202 σελίδες
...than the interest, the surplus of the interest must not be taken to augment the principal ; but the interest continues on the former principal until the period when the payments exceed the interest due, and then the surplus is to be applied towards discharging the principal, and... | |
 | Waite A. Schoemaker - 1887 - 454 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus...continues on the former principal until the period 1rhen the payments, tal•en together, exceed the interest due, and then the surplus is to be applied... | |
 | California. Supreme Court - 1888 - 568 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." It seems, however, from the evidence, that a different mode of computing interest is common among merchants.... | |
 | New York (State). Marine Court (New York), Daniel T. Robertson, Edward Jacobs - 1889 - 484 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus...interest due, and then the surplus is to be applied toward discharging the principal, and interest is to be computed on the balance of the principal as... | |
 | Thomas A. Rice - 1889 - 364 σελίδες
...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 augment...interest due, and then the surplus is to be applied 294 towards discharging the principal, and interest is to be computed on the balance as aforesaid.... | |
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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. If the payment be less than the interest, the surplus of interest must not... 
