| 1896 - 1182 σελίδες
...balance of the principal remninmg due. If the payment be less than the interest, the surplus of the interest must not be taken to augment the principal;...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... | |
| James Schouler - 1896 - 848 σελίδες
...the interest due, not to take the surplus of interest to augment the principal, but cast the interest on the former principal until the period when the payments taken together exceed the interest due.2 This rule is fairer to the lender than the rule of compound interest, and is preferred both in... | |
| Abraham Clark Freeman - 1897 - 1006 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, as aforesaid." This... | |
| Utah - 1897 - 1262 σελίδες
...discharging the principal; if the payment be less than the interest, the surplus of the interest due must not be taken to augment the principal, but interest continues on the former principal until tinperiod when the payments token together exceed the interest due. and then the surplus is to be applied... | |
| Eugene L. Dubbs - 1901 - 462 σελίδες
...subsequent interest is to be computed on the balance of principal remaining due. If the payment is less than the interest, the surplus of interest must...interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance as aforesaid. —... | |
| 1901 - 620 σελίδες
...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...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,... | |
| Joseph Ray - 1903 - 366 σελίδες
...subsequent interest is to be computed on the balance of principal remaining due. "If the payment is less than the interest, the surplus of interest must...interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance, as aforesaid." —... | |
| Abraham Clark Freeman - 1903 - 1132 σελίδες
...the balance of principal remaining due. If the payment be less than the interest, the surplus of the interest must not be taken to augment the principal;...interest due, and then the surplus is to be applied toward discharging the principal, and interest is to be computed on the balance as aforesaid": Connecticut... | |
| Oscar Lynn Kelso - 1903 - 302 σελίδες
...balance of principal remaining due. If the payment be less than the interest, the surplus of the 226 interest must not be taken to augment the principal...when the payments taken together exceed the interest then due, and then the surplus is to be applied towards discharging the principal ; and the interest... | |
| John Williston Cook, Nebraska C. Cropsey - 1903 - 408 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining dueinterest continues on the former principal until the period...interest due, and then the surplus is to be applied toward discharging the principal; and interest is to be computed on the balance as aforesaid. JVote.... | |
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