 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
 | John Cochran Miller - Negotiable instruments - 1915 - 268 pages
...on, the drawee is necessary." § 157. Protest For Non-payment After Protest For Non-acceptance. — "A bill which has been protested for non-acceptance may be subsequently protested for non-payment." § 158. Protest Before Maturity Where Acceptor Bankrupt or Insolvent. — "Where the acceptor has been... | |
 | Louisiana, Robert Hardin Marr - Law - 1915 - 960 pages
...presentment for payment to, or demand on, the drawer is necessary. Protest for Non-payment. 596. [Sec. 157.] A bill which has been protested for nonacceptance may be subsequently protested for non-payment. Protest Against Bankrupt. 597. [Sec. 158.] Where the acceptor has been adjudged a bankrupt or an insolvent,... | |
 | Marshall Davis Ewell - Law - 1915 - 1178 pages
...payable, and no further presentment for payment to, or demand on, the drawee is necessary.7 Sec. 157. A bill which has been protested for non-acceptance may be subsequently protested for non-payment.8 Sec. 158. Where the acceptor has been adjudged a bankrupt or an insolvent, or has made... | |
 | Mississippi - Law - 1916 - 790 pages
...to, or demand on, the drawee is necessary. SEC. 157. Protest both for non-acceptance and non-paynunt. A bill which has been protested for non-acceptance may be subsequently protested for non-payment. SEC. 158. Protest before maturity where acceptor insolvent. Where the acceptor has been adjudged a... | |
 | California - Law - 1917 - 944 pages
...Amdts. 1917, p. 1555. In effect July 31, 1917. §3238. PROTEST BOTH FOR NONAOCEPTANCE AND NONPAYMENT. A bill which has been protested for nonacceptance may be subsequently protested for nonpayment. History: Enactment approved June 1, 1917, Stats, and Amdts. 1917, p. 1555. In effect July 31, 1917.... | |
 | Calvin Frank Allen - Commercial law - 1917 - 468 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... | |
 | West Virginia - West Virginia - 1917 - 1608 pages
...dmand on, the drawee is necessary. (Acts 19U7. Reg. Sess., c. 81.) § 157. Protest for non-payment. — A bill which has been protested for non-acceptance may be subsequently protested for non-payment. (Acts 1907, Reg. Sess., c. 81.) § 158. Protest for better security. — Where the acceptor has been... | |
 | Calvin Frank Allen - Commercial law - 1917 - 472 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... | |
 | West Virginia - Banking law - 1917 - 174 pages
...demand on, the drawee is necessary. (Acts 1907, Reg. Sess., c. 81.) § 157. Protest for non-payment. — A bill which has been protested for non-acceptance may be subsequently protested for non-payment. (Acts 1907, Reg. Sess., c. 81.) § 158. Protest for better security. — Where the acceptor has been... | |
 | California, James Henry Deering - Law - 1917 - 1566 pages
...the drawee is necessary. See note to § 3082. §3238. Protest both for nonacceptance and nonpayment. n. An omission to give notice of dishonor §3239. Protest before maturity. Where the acceptor has been adjudged a bankrupt or an insolvent, or... | |
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