Except as herein otherwise provided, when a negotiable instrument has been dishonored by nonacceptance or nonpayment, notice of dishonor must be given to the drawer and to each indorser, and any drawer or indorser to whom such notice is not given is discharged. Laws of the State of New York - Page 721by New York (State) - 1897Full view - About this book
| Illinois. Supreme Court - Law reports, digests, etc - 1919 - 716 pages
...(Kurd's Stat. 1917, p. 2006.) Section 88 of the same act states : "Except as herein otherwise providfd, when a negotiable instrument has been dishonored by...indorser to whom such notice is not given is discharged." (Ibid. p. 2009.) Section 114 of the same act provides: "Notice of dishonor is not required to be given... | |
| Wilber Mercantile Agency - Banks and banking - 1872 - 894 pages
...Protest of commercial paper la prima facie evidence of facts therein set forth. When any bill or note has been dishonored by non-acceptance or non-payment, notice of dishonor must be given to drawer and to each endorser In ever] ease. Presentment for acceptance may he made on Saturday oefore... | |
| American Bar Association - Law - 1887 - 460 pages
...dishonored by non-acceptance or by non-payment, notice of dishonor must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged : Provided, That — (1) Where a bill is dishonored by non-acceptance, and notice of dishonor is not... | |
| W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...dishonoured by non-acceptance or by nonpayment (b), notice of dishonour must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged (c) : Provided that — (1.) Where a bill is dishonoured by non-acceptance, and notice of dishonour... | |
| India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...dishonored by non-acceptance or by non-payment, notice of dishonor must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged; Provided that — (1.) Where a bill is dishonored by non-acceptance, and notice of dishonor is not... | |
| Great Britain - 1882 - 574 pages
...honour and offect of nonnotice. )!ules as to notiee of dishonour. honour must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged ; Provided that — (1.) Where a bill is dishonoured by non-acceptance, and notice of dishonour is... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...dishonoured by non-acceptance or by non-payment, notice of dishonour must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged ; Provided that — (t.) Where a bill is dishonoured by non-acceptance, and notice of dishonour is... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...dishonoured by non-acceptance or by non-payment, notice of dishonour must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged ; Provided that— 7 (1.) Where a bill is dishonoured by non-acceptance, and notice of dishonour is... | |
| Henry Roscoe - Evidence (Law) - 1884 - 834 pages
...dishonoured by non-acceptance or by non-payment, notice of dishonour must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged ; Provided that — (1.) Where a bill is dishonoured by non-acceptance, and notice of disNotice of... | |
| John Frederick Haynes - English law - 1884 - 736 pages
...dishonoured by non-acceptance or by non-payment, notice of dishonour must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged ; provided that — (1.) Where a bill is dishonoured by non-acceptance, and notice of dishonour is... | |
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