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" Delay in making presentment for payment is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct or negligence. When the cause of delay ceases to operate, presentment must be made... "
The Student's Statutes: Being the Principal Provisions of Some of the More ... - Page 20
by John Frederick Haynes - 1884 - 706 pages
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Report of the ... Annual Meeting of the American Bar ..., Volume 10, Part 1887

American Bar Association - Law - 1887 - 460 pages
...or protesting is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate the bill must be noted or protested with reasonable diligence. SEC. 52 (1) That when a bill is accepted...
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Statutes at Large ...

Great Britain - 1882 - 574 pages
...or protesting is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct. or negligence. When the cause of delay ceases to operate the bill must be noted or protested with reasonable diligence. 52. — (1.) When a bill is accepted generally...
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The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...for payment is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...for payment is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate, presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...of dishonour is Excuses for excused where the delay is caused by circumstances non-notice and delay. beyond the control of the party giving notice, and...imputable to his default, misconduct, or negligence (a). When the cause of delay ceases to operate the notice must be given with reasonable diligence (6)....
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Journal of the Institute of Bankers, Volume 3

Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...for payment is excused •when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,...
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Principles of the Common Law: An Elementary Work Intended for the Use of ...

John Indermaur - Common law - 1883 - 604 pages
...followi>eiay in giving ing (e). Delay in giving notice of dishonour is excused when the delay is caused by circumstances beyond the control of the party giving...imputable to his default, misconduct, or negligence, but when the cause of delay ceases to operate the notice must be given with reasonable diligence (/)....
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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

Oscar Borchardt - Banking law - 1883 - 392 pages
...or protesting is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate the bill must be noted or protested with reasonable diligence. 52. — (1.) When a bill is accepted generally...
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A Handy Book on the Law of Bills, Cheques, Notes and IOU's

James Walter Smith - Catalogs, Publishers' - 1884 - 164 pages
...wholly or its delay excused. Delay in giving notice of. dishonor is excused where the delay is caused by circumstances beyond the control of the party giving...the notice must be given with reasonable diligence. Notice of dishonor is dispensed with— (a.) When, after the exercise of reasonable diligence, notice...
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A Selection of Precedents of Pleading Under the Judicature Acts in the Queen ...

John Cunningham (barrister-at-law.), Sir Miles Walker Mattinson - Actions and defenses - 1884 - 848 pages
...Viet. c. 61, s. 50— (1) Delay in giving notice of dishonour is excused where the delay is caused by circumstances beyond the control of the party giving...negligence. When the cause of delay ceases to operate notice must be given with reasonable diligence. (2) Notice of dishonour is dispensed with (a) When,...
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