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" ... remaining due. 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,... "
Arithmetic for High Schools, Academies, and Normal Schools - Side 223
av Oscar Lynn Kelso - 1903 - 274 sider
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An Historical Treatise on the Practice of the Court of Chancery of the State ...

Dominick T. Blake - 1818 - 706 sider
...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 towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid. (A) Whether the practice prevailing....
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 562 sider
...continues on the former principal until the period whett the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports,...
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Reports of Cases Adjudged in the Court of Chancery of New-York ..., Volum 7

New York (State). Court of Chancery, William Johnson - 1824 - 748 sider
...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 towards discharging the principal, and the interest afterwards computed on the balance of principal. State of Connecticut v. Jackson, 1 JCR 13. SP Stoughton...
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The Office and Duties of Masters in Chancery and Practice in the Master's ...

Murray Hoffman - 1824 - 472 sider
...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 towards discharging the principal. In Stoughton v. Lynch, the subject was brought before him 2 johni. C. on exceptions to the report of...
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A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1832 - 282 sider
...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 towards discharging the principal; and Interest is to be computed on the balance of principal as aforesaid." (Johnson's Chancery Reports,...
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Every Man His Own Teacher: Being an Introduction to Arithmetic, Whereby ...

John Preston - 1834 - 312 sider
...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 towards discharging the principal ; and interestjs to be computed on the balance of principal as aforesaid." In the settlement of accounts,...
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The North American Arithmetic: Part Third, for Advanced Scholars, Volum 3

Frederick Emerson - 1834 - 300 sider
...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 towards discharging the principal; and interest is to be Computed on the balance, as aforesaid." The interest on the following notes, must...
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Reports of Cases Argued and Determined in the Supreme Court of Judicature of ...

Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 sider
...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 towards discharging the principal; and interest is to be computed on the balance of principal as aforesaid." The State of Connecticut v. Jackson,...
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The Common School Arithmetic ...: To which is Added a Dictionary of ...

Peirpont Edward Bates Botham - 1837 - 252 sider
...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 towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid/i — Johnsonis Chancery Reforts,...
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The North American Arithmetic: For Advanced Scholars. part third

Frederick Emerson - 1839 - 300 sider
...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 towards discharging the principal; and interest is to be computed on the balance, as aforesaid.'" The interest on the following notes, must...
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