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" 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. When the cause of delay ceases to operate, presentment must be made... "
The Student's Statutes: Being the Principal Provisions of Some of the More ... - Page 20
by John Frederick Haynes - 1884 - 706 pages
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - Bills of exchange - 1908 - 276 pages
...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. When the cause of delay ceases to operate, presentment must be made with reasonable diligence. Sec. 82. Presentment for payment is dispensed with:...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - Law - 1908 - 396 pages
...notice of dishonor is excused when the delay is caused by circumstances beyond the control of the holder and not imputable to his default, misconduct or negligence. When the cause of delay ceases to operate, notice must be given with reasonable diligence. [NOTICE OF DISHONOR, WHEN NOT REQUIRED TO DRAWER.]...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 366 pages
...notice of dishonor is excused when the delay is caused by circumstances beyond the control of the holder and not imputable to his default, misconduct or negligence. When the cause of delay ceases to operate, notice must be given with reasonable diligence (a). (a) In Martin v. Ingersoll, 8 Pick. 1, the delay...
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Popular Law Library, Putney...

Albert H. Putney - Law - 1908 - 394 pages
...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. When the cause of delay ceases to operate, presentment must be made with reasonable diligence. [WHEN DISPENSED WITH.] § 82. Presentment for payment...
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - Bills of exchange - 1909 - 658 pages
...(1848). Excuse f..r |05. Delay in giving notice of dishonour is exdelay' cused where the delay is caused by circumstances beyond the control of the party giving...imputable to his default, misconduct or negligence. Diligence. 2. When the cause of delay ceases to operate the notice must be given with reasonable diligence....
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - Law - 1909 - 926 pages
...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. When the cause of delay ceases to operate, presentment must be made with reasonable diligence. Formerly L. 1897, ch. 612, § 141. § 142. When...
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The Acts of the Parliament of the Commonwealth of Australia Passed ..., Volume 8

Australia - Session laws - 1910 - 480 pages
...person entitled to hold it, protest may be made on a copy or written particulars thereof. of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate, the bill must be noted or protested with reasonable diligence. 57. — (1.) Whenabill is accepted generally....
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - Banking law - 1910 - 874 pages
...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. When the cause of delay ceases to operate, presentment must be made with reasonable diligence. § 142. When presentment may be dispensed with....
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - Law - 1910 - 484 pages
...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. When the cause of delay ceases to operate, presentment must be made with reasonable diligence. § 146. Place of presentment: When place specified....
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The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - Negotiable instruments - 1910 - 914 pages
...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. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2) Presentment for payment is dispensed with,...
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