 | Frederick Emerson - 1834 - 300 pages
...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,...principal; and interest is to be Computed on the balance, as aforesaid." The interest on the following notes, must be computed by the above legal rule. (116.)... | |
 | John Preston - 1834 - 312 pages
...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,...be applied towards discharging the principal ; and interestjs to be computed on the balance of principal as aforesaid." In the settlement of accounts,... | |
 | Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 pages
...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,...principal; and interest is to be computed on the balance of principal as aforesaid." The State of Connecticut v. Jackson, 1 Johns. Ch. R. 13. The rule of computing... | |
 | Lyman Cobb - 1836 - 228 pages
...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,...interest due ; and then the surplus is to be applied toward discharging the princ:;"-,'. inrt interest is to be computed on the balance of principal as... | |
 | Peirpont Edward Bates Botham - 1837 - 252 pages
...Int., the surplus of interest must not be taken ti augment the principal, but interest continues on the former principal until the period when the payments,...principal ; and interest is to be computed on the balance of principal as aforesaid/i — Johnsonis Chancery Reforts, Vol. I, page 17. 1. Suppose you have a... | |
 | William Johnson - 1837 - 678 pages
...interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until the period when the payments,...exceed the interest due, and then the surplus is to l>e applied towards discharging the principal, and the interest afterwards com283 285 puled on the... | |
 | Frederick Emerson - 1839 - 300 pages
...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,...principal; and interest is to be computed on the balance, as aforesaid.'" The interest on the following notes, must be computed by the above legal rule. (116.)... | |
 | Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 572 pages
...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,...principal ; and interest is to be computed on the balance, as aforesaid." Thus we find this rule in the recent Arithmetics. Mr. Leonard seems to us to have gained... | |
 | Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 536 pages
...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,...principal ; and interest is to be computed on the balance, as aforesaid." Thus we find this rule in the recent Arithmetics. Mr. Leonard seems to us to have gained... | |
 | Esek Cowen - 1841 - 698 pages
...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,...principal ; and interest is to be computed on the balance of the principal as aforesaid.' 1 John. Ch. R. 17, 18. 2 id. 209, SP(t) The same rule prevails in Massachusetts,... | |
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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, and then the surplus... 
