 | Dominick T. Blake - 1818 - 706 sider
...the principal, and compute interest upon the balance of principal remaining due, to the next payment. 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... | |
 | Nicolas Pike - 1832 - 538 sider
...interest Ihon duo. If the payment exceeds the inthe surplus goes t .wards discharging the principal, anJ the Subsequent interest is to be computed on the balance...interest, the surplus of interest must not be taken to augment the principal ; but interest continues en the former principal until the period when the payments,... | |
 | Nicolas Pike - 1822 - 536 sider
...when partial payments hare kern mailf1, is to apply the payment, in the first place, to the dinebarge of the interest then due. If the payment exceeds the...the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance of principal remaining due. If the payment... | |
 | Nicolas Pike - 1822 - 562 sider
...when partial payments have iiertj made, is ID apply the payment, in the firct place, to the disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest is to be computed on the balance of... | |
 | New York (State). Court of Chancery, William Johnson - 1824 - 748 sider
...when partial payments have been made, is to apply the payment, in the first instance, to the discharge of the interest then due. If the payment exceeds the...the payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until... | |
 | Murray Hoffman - 1824 - 472 sider
...applied in discharge of the interest then due. If tho payment exceeds the interest, the surplus goei towards discharging the principal, and the subsequent...interest is to be computed on the balance of principal due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment... | |
 | Nicolas Pike - 1832 - 540 sider
...exceeds the interest, the surplus goes toward discharging the principal, and the subsequent isterest is to be computed on the balance of principal remaining...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,... | |
 | Nicolas Pike - 1832 - 544 sider
...the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest...principal remaining due. If the payment be less than the imprest, the surplus of interest must not betaken to augment the principal; but interest continues... | |
 | Lyman Cobb - 1832 - 228 sider
...where partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. 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... | |
 | Frederick Emerson - 1834 - 300 sider
...when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds 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,... | |
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The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... 
