 | Nicolas Pike - 1822 - 562 sider
...disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest...computed on the balance of principal remaining due. If the payment be less than tin- interest, the surplus of interest must not be taken to augment the... | |
 | Nicolas Pike - 1822 - 536 sider
...kern mailf1, is to apply the payment, in the first place, to the dinebarge of the interest then due. If the payment exceeds the interest, 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... | |
 | 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... | |
 | William Ruger - 1832 - 282 sider
...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...computed on the balance of principal remaining due. If the payment be less than the Interest, the surplus of Interest must not be taken to augment the... | |
 | Lyman Cobb - 1832 - 228 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...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the... | |
 | John Preston - 1834 - 312 sider
...payments have been made, apply the payment in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the... | |
 | Frederick Emerson - 1834 - 300 sider
...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...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the... | |
 | Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 sider
...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...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the... | |
 | George Willson - 1836 - 202 sider
...casting interest 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...principal, and the subsequent interest is to be computed nn the balance of principal remaining due. If the payment be less than the interest, the surplus of... | |
 | Peirpont Edward Bates Botham - 1837 - 252 sider
...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...computed on the balance of principal remaining due. If the payment be lesa than the Int., the surplus of interest must not be taken ti augment the principal,... | |
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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... 
