 | Charles W. Langdon - 1870 - 858 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. But where an account has been stated by the plaintiff, charging interest both on the debt and the payments,... | |
 | Emerson Elbridge White - 1870 - 350 σελίδες
...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 tiie interest, the surplus of interest must not be taken to augment the principal, but interest continues... | |
 | Shelton Palmer Sanford - 1872 - 404 σελίδες
...principal, and the subsequent interest is to be computed on the balance of the principal remaining due. III. "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,... | |
 | T. A. Bryce - 1873 - 370 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 continues on the former principal until the time when the payments, taken together, exceed the interest due, and then the surplus is to be applied... | |
 | Joseph Ray - 1856 - 400 σελίδες
...interest is to be computed on the bqlance of principal remaining due. *' "If the payment be LESJS tJxtn the interest, the surplus' of interest must not be...principal, until the period when the payments taken toy&lher exceed the interest due, and then the surplus ~~f. HM RF.vimv. — 325. If a note;'is not... | |
 | William Johnson - 1873 - 550 σελίδες
...surplus goes towards discharging the prin- made' cipal, and the subsequent interest is to be computed on the balance of principal remaining due. If the...interest, the surplus of interest must not be *taken [ * 18 ] to augment the principal ; but interest continues on the former principal until the period... | |
 | Emerson Elbridge White - 1870 - 348 σελίδες
...computed on the balan.ce of principal remaining due. If the payment lie LESS than tiie interest, tlte surplus of interest must not be taken to augment the principal, but interest co)itinues on the former principal until the period when the payments, taken together, exceed the interest... | |
 | Horatio Nelson Robinson - 1875 - 468 σελίδες
...and the subsequent interest is to be computed on the balance of the principal remaining due. . III. 'If the payment be less than the interest the surplus...interest must not be taken to augment the principal, but the inte-. rest continues on the former principal until the period when the payments, taken together,... | |
 | James E. Ryan - 1877 - 212 σελίδες
...and the subsequent interest is to be computed on the balance of the principal remaining due. III. " 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,... | |
 | Henry Stanton Tiffany - 1887 - 466 σελίδες
...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...to augment the principal; but interest continues on former principal until the period when the payments, taken together, exceed the interest due, and then... | |
| |
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... 
