If there is still money left that will be given to the defaulting lessee as cash.
Defaulting on a second mortgage may result in foreclosure.
The conference, being held only a year before the time fixed for the second Hague Conference, applied itself mainly to the question of the extent to which force might be used for the collection of pecuniary claims against defaulting governments, and the forwarding of the principle of arbitration under the Hague Conventions.
Indeed, we have evidence of sound, if conventional, principle in Prodicus's apologue of the " Choice of Heracles," and of honourable, though eccentric, practice in the story of Protagoras's treatment of defaulting pupils.
The sinking fund consists of damages recovered against defaulting revenue collectors, railway stock and appropriations from time to time by the legislature.
