 If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not...  Michigan Reports: Cases Decided in the Supreme Court of Michigan - Página 191por Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1891Vista completa - Acerca de este libro
 | Dominick T. Blake - 1818 - 706 páginas
...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...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... | |
 | Nicolas Pike - 1822 - 562 páginas
...interest is to be 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 principal; but interest continues on the former principal until the period whett the payments, taken together, exceed... | |
 | Nicolas Pike - 1822 - 536 páginas
...towards discharging the principal, aud the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal ; but interest continues on the former... | |
 | New York (State). Court of Chancery, William Johnson - 1824 - 748 páginas
...towards discharging the principal ; and the subsequent interest is to be computed on the balance of principal remaining due. If 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... | |
 | Lyman Cobb - 1832 - 228 páginas
...goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...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... | |
 | William Ruger - 1832 - 282 páginas
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...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... | |
 | Nicolas Pike - 1832 - 540 páginas
...goes toward discharging the principal, and the subsequent isterest is to be computed on the balance of principal remaining due. If the payment be less than...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... | |
 | Frederick Emerson - 1834 - 300 páginas
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...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... | |
 | John Preston - 1834 - 312 páginas
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...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... | |
 | George Willson - 1836 - 202 páginas
...towards discharging the principal, and the subsequent interest is to be computed nn the balance of principal remaining due. If the payment be less than...interest must not be taken to augment the principal; but interest continues on the former mncipal, until the period when the payments taken together t xceed... | |
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