 | Great Britain - 1882 - 574 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise of reasonable diligence,...excused, and does not discharge the drawer and indorsers. 40. (1.) Subject to the provisions of this Act, when a bill pay- Time for preable after sight is negotiated,... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee has not time, with the exercise of reasonable diligence,...excused, and does not discharge the drawer and indorsers. This subsection settles a doubtful point. Suppose a bill, payable one month after date, is drawn in... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise of reasonable diligence,...excused, and does not discharge the drawer and indorsers. 40. (1.) Subject to the provisions of this Act, when a bill payable after sight is negotiated, the... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee has not time, with the exercise of reasonable diligence,...is excused, and does not discharge the drawer and indorsors." Hero we have a new law which will quite alter our custom as bankers. Cases very frequently... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...business or residence of the drawee (d), has not time, with the exercise of reasonable diligence (e), to present the bill for acceptance before presenting...excused, and does not discharge the drawer and indorsers. (a.) When a bill payable after sight is presented for acceptance, the drawee ought to date his acceptance,... | |
 | Banks and banking - 1882 - 1044 pages
...the holder of a bill, drawn payable elsewhere than at the p nf business or residence of the drawee, has not time, with the exercise of reasonable diligence,...presenting it for payment on the day that it falls due, tho delay caused by presenting the bill for acceptance before presenting it for payment is excused,... | |
 | Oscar Borchardt - Banking law - 1883 - 392 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, nas not time, with the exercise of reasonable diligence,...excused, and does not discharge the drawer and indorsers. Time for 40. (1.) Subject to the provisions of this Act, when a bill payable presenting &far • |tt... | |
 | South Australia - Law - 1884 - 330 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise of reasonable diligence,...excused, and does not discharge the drawer and indorsers. 40. (1.) Subject to the provisions of this Act, when a bill Time for presenting payable after sight... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise of reasonable diligence,...excused, and does not discharge the drawer and indorsers (e). (a) As to the necessity for presentment for acceptance see Chitty on Bills (9th Edit.), p. 237... | |
 | Henry Roscoe - Evidence (Law) - 1884 - 834 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise of reasonable diligence,...and does not discharge the drawer and indorsers." Sect. 40. " (1.) Subject to the provisions of this Act," vide sect. 41 (2), post, p. 343, " when a... | |
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Where the holder of a bill drawn payable elsewhere than at the place of business or the residence of the drawee has not time with the exercise of reasonable diligence to present the bill for acceptance before presenting it for payment on the day that... 
