PLACE, bill drawn payable elsewhere than at the place of business or resi- dence of the drawer, 147, 156, 162, 163. acceptance to pay at a particular place, 73, 75, 156, 160, 190. of payment in note, 259-262. of payment in memorandum, 76, 161, 260, 261. where bill should be presented for payment, 156, 162. POSSESSION OF BILL OR NOTE, 29, 78. POST-OFFICE, presentment for payment through, 151, 157, 163. notice of dishonor through, 172, 177. PRESENTMENT FOR ACCEPTANCE, necessary, where bill payable after sight, 146, 148. should be personal, 157. where bill drawn payable elsewhere than at residence or place of consequence of not presenting, 148. duty of agent as to, 150. to whom it must be made, 150, 151. at what time it must be made, 148, 150, 151. two or more drawees, 150, 151. where drawee is dead, or bankrupt, or cannot be found, 150, 151. when excused, 150, 152. dishonor by non-acceptance, 152, 153, 154. refusal to take qualified acceptance, 151, 154. duties of holder as to qualified acceptance, 154, 155. PRESENTMENT FOR PAYMENT, requisites and meaning of, 155-163. is generally local, 157. when to be made, where instrument is not payable on demand, 156, 158. where payable on demand, 156, 159. by whom, 156, 160. at a reasonable hour, 158. to whom, 156, 160. to person having no capacity to contract, 157. at what place, 76, 156, 160-163. of bill or note, when place of payment is indicated by way of memo- of cheque, 239, 240. See Cheque. of bill, where two or more persons are drawees or acceptors, 157, 162. PRESENTMENT FOR PAYMENT-Continued. where drawee or acceptor is dead, 157. at the post-office, 157, 163. excuses for delay in, or non-presentment, 163. of bill accepted generally, not necessary to charge acceptor, 189, 190. omission to present on the day such bill matures, 190. of note, when necessary to charge maker, 258-262. when paid, must be delivered up, 190, 191. presentment to acceptor for honor, 221. See Acceptance for Honor. after bill accepted for honor, presentment to drawee necessary, 221. PRESUMPTION. See Evidence. PRINCIPAL AND AGENT. See Agent. PRINCIPAL AND SURETY. See Surety. PROCURATION, who may sign under, 102, 267. signature by, operates as notice of limited authority, 102-104, 251. PROMISSORY NOTE, definition of, 28, 251-255. what is not, 33-40, 253. must be an unconditional promise, 34, 251. any words amounting to a promise to pay sufficient, 00. note payable by instalments, 54. time of payment may be uncertain, if the event must inevitably note payable to maker's order, 251, 254. containing pledge of collateral security, 251, 255. alteration of, 215-218. See Alteration of Bill or Note. cancellation of, 214. foreign note, 252, 255. inchoate until delivery, 255. joint and several note, 256-258. presentment for payment, 259-262. See Presentment for Payment. when note payable on demand and indorsed, must be presented, to charge indorser, 258, 259. overdue note, 258, 259. See Overdue Bill or Note. contract of maker, 262. certain provisions applicable to bills apply to notes, 263. PROMISSORY NOTE-Continued. maker and indorser of note correspond to acceptor and drawer of bill, 263. protest on foreign note necessary to charge indorsers, 263. PROTEST, necessary on dishonor of foreign bills, 184, 187. but not on foreign notes except to charge indorsers, 263. for better security, 184, 188. when bill sent through post office, 185, 188. at what place, 185. at what hour it may be made, 185, 189. what the protest must contain, 185, 189. where bill lost, or destroyed, or detained, 185, 189, 224. when excused, 185, 189. necessary before presenting bill to referee in case of need, 219, 221. necessary on dishonor of bill accepted supra protest, 221. notarial acts, 185, 221, 223, 268-271. where notary is not available, 268, 269. tariff of notarial fees, 268, 270, 271. forms to be used, 1st Schedule, 268, 271, 274-279. PUBLIC POLICY, contracts against, 121, 123-125. QUALIFIED ACCEPTANCE, 73-76, 154-155. QUEBEC, holidays in, 61. law of, as to bills and notes, 186, 187, 235. notarial fees in, 268, 271. inland and foreign bills and notes must be protested in, 184, 186. RATIFICATION, of infant's contract, 91. of agent's signature, 103, 105, 106. of partners' acts, 93, 95. of corporation's contract, 90, 107. of unauthorized signature, 99. forgery may be ratified, 101, 215, 216. REASONABLE TIME, 76, 79. RE-EXCHANGE, what it is, 55, 200, 201. when recoverable, 55, 200, 201. REFEREE IN CASE OF NEED, 64, 221. RE-ISSUE OF BILL, when party liable thereon may re-issue bill, 143, 144, 204, 207, 208. RELEASE, of acceptor at maturity, 213. of other parties at or before maturity, 213. must be in writing, 213. RELIGION. law-merchant respects different religions, 179. REPEAL OF STATUTES, 272, 273. RESTRICTIVE INDORSEMENT, 135, 136, 139, 140. See Indorsement. SALE OF BILL OR NOTE, 131, 132, 202, 203. SET, BILL IN A, when they constitute one bill, 226, 227. liability of indorser where more than one part is indorsed, 226, 227. liability of drawee accepting more than one part, 226, 227. paying part not bearing his acceptance, 226, 227. SIGHT, bill payable at sight, 57. SIGNATURE, what is sufficient, 35. may be by a mark or initials, 35. place of, immaterial, 93. of drawer necessary, 31, 34. of acceptor necessary, 66. necessary for a valid indorsement, 94, 134, 135. signature on a blank paper, 76-80. signing in a trade or assumed name, 93-95. signing in the name of a firm, 68, 93, 95. by an agent, 102-110, 266. unauthorised signature may be ratified, 97, 99. signature by procuration, 102-104, 266. liability of person signing as agent, 102-110. forgery of, 97-102. forged or unauthorised, confers no right to bill, 97-102. liability of stranger signing bill, 64, 68, 93, 94, 127, 198, 200. SPECIAL INDORSEMENT, 87. STATUTES, CONSTRUCTION OF, 85, 123, 262. STOLEN OR LOST, BILL, NOTE, OR CHEQUE, 77, 83, 245, 252. STRANGER, signature on bill by, 64, 68, 93, 94, 127, 198, 200. acceptance by a stranger, 219. payment by a stranger, 222. STRIKING OUT Indorsements, 204. SUM PAYABLE, must be a sum certain in money, 31, 38, 53, 54. where sum expressed in words differs from sum in figures, 53, 55. when description of money omitted, 56, 218, 253. where sum is filled in, and marginal figures altered, 56, 71. is the true consideration, 2, 33, 40, 112. bill or note payable at fixed, 31, 37, 57, 62. "month" means calendar month, 62, 64. reasonable, 76, 79, 141, 143, 148, 149, 153, 156, 158, 159, 163, 240, TIME OF PAYMENT, bill or note payable on demand or at sight, 56, 251. when no time for payment is expressed, 56, 75. bill payable at determinable future time, 57, 251. on an event certain to happen, 57, 253. when bill drawn in one country and payable in another, 229, 237. |