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. Statutes at Large ... - Page 380by Great Britain - 1882Full view - About this book
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...making presentment for pavdeUy in j. • j 1 i_ ji • j i_ • present- ment is excused when such delay is caused by circumstances beyond the control of the holder, and not imputable to his negligence.5 Cf. Art. 201. ILLUSTRATIONS. 1. The holder of a bill dies suddenly just before it matures.... | |
| American Bar Association - Law - 1887 - 460 pages
...is excused where the delay is caused by circumstances beyond the control of the party giving notice, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate the notice must be given with reasonable diligence. (2) Notice of dishonor is dispensed with — (a) When,... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...presentment through the post office is sufficient. 46. (t.) Delay in making presentment for payment is excused when the delay is caused by circumstances...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...Excuses for delay or non-presentment for Payrntnt. 46. (1.) Delay in making presentment for payment is excused •when the delay is caused by circumstances...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,... | |
| India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...presentment through the post office is sufiicient. 46. (1.) Delay in making presentment for payment is excused when the delay is caused by circumstances...negligence. When the cause of delay ceases to operate, presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,... | |
| W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...Protest is dispensed with by any circumstance which would dispense with notice of dishonour (j ) : Delay in noting or protesting is excused when the...imputable to his default, misconduct, or negligence (&). When the cause of delay ceases to operate, the bill must be noted or protested with reasonable... | |
| Oscar Borchardt - Banking law - 1883 - 392 pages
...beyond the control of the holder, and presentment . * . , i • ir i» • j i- TITTI it_ for payment, 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,... | |
| John Indermaur - Common law - 1883 - 604 pages
...is deemed as received on the day 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 notice, and not imputable to his default, misconduct, or negligence, but when the... | |
| John Frederick Haynes - English law - 1884 - 736 pages
...presentment through the post office is sufficient. 46. — (1.) Delay in making presentment for payment is excused when the delay is caused by circumstances...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,... | |
| South Australia - Law - 1884 - 330 pages
...presentment through the post office is sufficient. 46. (1.) Delay in making presentment for payment is excused when the delay is caused by circumstances...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with... | |
| |