 Where the acceptor has been adjudged a bankrupt or an insolvent or has made an assignment for the benefit of creditors, before the bill matures, the holder may cause the bill to be protested for better security against the drawer and indorsers.  Journal of the Institute of Bankers - Page 523by Institute of Bankers (Great Britain) - 1882Full view - About this book
 | Ohio - Session laws - 1902 - 1048 pages
...or demand on, the drawee is necessary. Sec. 3I76M. [Protest both for nonacceptance and nonpayment.] A bill which has been protested 'for nonacceptance may be subsequently protested for nonpayment. Sec. 31761'. ['Protest before maturity where acceptor insolvent.] Where the acceptor has been adjudged... | |
 | John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...Inst., section 935; Byles on Bills, 258. § 265. Protest both for non-acceptance and nonpayment.—A bill which has been protested for non-acceptance may be subsequently protested for non-payment. § 266. Protest before maturity where acceptor insolvent.—Where the acceptor has been adjudged a... | |
 | John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...or demand on, the drawee is necessary. I 265. Protest both for non-acceptance and non-payment. — A bill which has been protested for non-acceptance may be subsequently protested for non-payment. § 266. Protest before maturity where acceptor insolvent. — Where the acceptor has been adjudged... | |
 | Idaho - Electronic journals - 1903 - 494 pages
...payable, and no other presentment for payment to, or demand on, the drawee is necessary. SEC. 157. A bill which has been protested for non-acceptance may be subsequently protested for non-payment. SEC. 158. Where the acceptor has been adjudged a bankrupt or an insolvent or has made an assignment... | |
 | Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...and no further presentment for payment to, or demand on, the drawee is necessary. For non-payment.— A bill which has been protested for non-acceptance may be subsequently protested for non-payment. When acceptor a bankrupt.— Where the acceptor has been adjudged a bankrupt or an insolvent or has... | |
 | Charles Monfort Lindsay - Negotiable instruments - 1904 - 204 pages
...Paper, 617. Norton, B. & N., 370, 371. § 157. Protest Both for Non-acceptance and Non. payment. — A bill which has been protested for nonacceptance may be subsequently protested for non-payment. Eaton and Gilbert, Com. Paper, 618. Norton, B. & N., 371. an assignment for the benefit of creditors,... | |
 | Transvaal (Colony) - Law - 1904 - 552 pages
...discharged, with the exception of the drawer or payee of a cheque on a banker as hereinafter defined. (2) A bill which has been protested for non-acceptance may be subsequently protested for non-payment. (3) Subject to the provisions of this Proclamation, when a bill is noted or protested it must be noted... | |
 | Maryland - Law - 1904 - 1280 pages
...be payable, and no further presentment for payment to, or demand on, the drawee is necessary, 176. A bill which has been protested for non-acceptance may be subsequently protested for non-payment. 177. Where the acceptor has been adjudged a bankrupt or an insolvent, or has made an assignment for... | |
 | A. M. Hamilton - Bills of exchange - 1904 - 354 pages
...appear on the face of it to be a foreign bill, protest thereof in case of dishonour is unnecessary. (3.) A bill which has been protested for nonacceptance may be subsequently protested for nonpayment. (4.) Subject to the provisions of this Act,f when a bill is noted or protested, it must be noted on... | |
 | North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - Law - 1905 - 1412 pages
...demand on the drawee is necessary. 1899, c. 733, s. 156. 2307. For nonpayment, after, for nonacceptance. A bill which has been protested for nonacceptance may be subsequently protested for nonpayment. 1899, c. 733, s. 157. 2308. Before maturity, in bankruptcy, etc. Where the acceptor has been adjudged... | |
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