| Henry Stanton Tiffany - 1890 - 96 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... | |
| Abraham Clark Freeman - 1891 - 1038 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,... | |
| 1891 - 1266 σελίδες
...towards discharging the principal, and the subséquent interest ia 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,... | |
| Abraham Clark Freeman - 1891 - 1028 σελίδες
...subsequent interest is to be computed on the balance of the principal remaining due. If the payment be lees than the interest, the surplus of 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,... | |
| Jabez Gridley Sutherland - 1893 - 1132 σελίδες
...computed on the balance of the principal unpaid. If the payment be less than the interest the surplus interest must not be taken to augment the principal ; but interest continues on the principal until sufficient payments are made to extinguish the interest to that date. If there be a... | |
| Leonard Augustus Jones - 1894 - 1000 σελίδες
...I1l. 96. Blake, 16 Neb. 12, 19 NW Rep. 780; See, also, Leonard c. Villars, 23 11l. 377. 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,... | |
| William Seneca Sutton - 1896 - 342 σελίδες
...principal, and the subsequent interest is to be computed on the balance of the principal remaining due. 3. " 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,... | |
| 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... | |
| 1896 - 1182 σελίδες
...the principal, and the subsequent interest is to bo computed on the 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; but interest continues on the former principal... | |
| 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... | |
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