 | Leonard Augustus Jones - 1928 - 1100 ページ
...discharging of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest...the payment be less than the interest, the surplus of interest must not be taken to augment the principal, but the interest continues on the former principal... | |
 | Minnesota. Supreme Court - 1897 - 608 ページ
...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 be taken to augment the principal; but interest continues on the former principal... | |
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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 is to be applied towards discharging... 
