 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
 | Nigeria. Compilations - 1908 - 880 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 non-acceptance may be subsequently protested for non-payment. (4) Subject to the provisions of this Ordinance, when a bill is noted or protested, it must be noted... | |
 | John Jay Crawford - Negotiable instruments - 1908 - 276 pages
...Inst., section 935; Byles on BiUs, 258. § 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... | |
 | John Jay Crawford - Negotiable instruments - 1908 - 366 pages
...Inst., section 935; Byles on Bills, 258. § 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... | |
 | John James MacLaren - Bills of exchange - 1909 - 658 pages
...to, or demand on, the drawee is necessary. 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 a bankrupt... | |
 | New York (State) - Law - 1909 - 926 pages
...necessary. Formerly L. 1897, ch. 612, § 264. § 265. Protest both for non-acceptance and nonpayment. A bill which has been protested for non-acceptance may be subsequently protested for non-payment. Formerly L. 1897, ch. 612, § 265. § 266. Protest before maturity where acceptor insolvent. Where... | |
 | Australia - Session laws - 1910 - 480 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 non-acceptance may be subsequently protested for non-payment. (4.) Subject to the provisions of this Act, when a bill is noted or protested, it must be noted within... | |
 | Willis Seaver Paine - Banking law - 1910 - 874 pages
...or demand on, the drawee is necessary. § 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... | |
 | Ernest Wilson Huffcut - Negotiable instruments - 1910 - 914 pages
...to, or demand on, the drawee is necessary.9 § 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. [NOTE. — See Bills of Exchange Act, section 51, subdivision (3).] "Protest in such case might be... | |
 | United States - 1911 - 536 pages
...appear on the face of it to be a foreign bill, protest thereof in case of dishonor 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, when a bill is noted or protested, it must be noted on the... | |
 | Delaware - Law - 1911 - 862 pages
...further presentment for ' payment to, or demand on, the drawee is necessary. TWO protrat* Section 157. A bill which has been protested for nonacceptance may be subsequently protested for non-payment. Section 158. Where the acceptor has been adjudged a bankrupt or an insolvent, or has made an assignment... | |
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