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Notes 16
Annuity Note
Ch .8. Advantages Financial 1 Period 1 2 Forborne Interest a forborne Note
forborne Notes
It is on this account, that whether or no the
payment of the interest upon a fresh Note be deferred
till after the end of the year or be made payable
and divided into two payments the first of them
to take place had at the end of the first half year Art. 10 67. continued,
at the end of the year it sums most advantageous
upon the whole that the even even amount of the year's interest
should be made demandable at any time.
4. 16 4. Profit by Notes lost — Profit by principal of Notes lost, as above.
This in the instances of on Bank notes and unclaimed Dividends
it has by experience been found 'not to be inconsiderable. In the present instance
it would be measured not only in proportion
to the difference between the amount of Annuity
notes note paper and the amount of Bank notes. Paper, but in
a still greater proportion, in respect of the abundance
of small notes among the Annuity Note paper,
not to speak of and other causes : but if this far more particularly under the head of the 2d of the three above
distinguished.
Identifier: | JB/002/169/001 "JB/" can not be assigned to a declared number type with value 2.
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7 continued |
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002 |
annuity notes |
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169 |
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001 |
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text sheet |
1 |
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recto |
a10 |
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jeremy bentham |
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908 |
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