| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...distinction is an important one.' Art. 170. A bill is said to be dishonoured by non- Dishonour payment — {a) when it is duly presented for payment, and payment is refused or cannot be obtained ; 3 or (b), when presentment for payment is excused, and the bill is overdue and unpaid. Art. 171.... | |
| American Bar Association - Law - 1887 - 460 pages
...presented. (e) By waiver of presentment, express or implied. SEC. 47. (1) That a bill is dishonored by non-payment — (a) When it is duly presented for...Subject to the provisions of this act, when a bill is dishonored by non-payment, an immediate right of recourse against the drawer and indorsers accrues... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1881 - 418 pages
...clearly excused/ Dishonour Art. i7Q. A bill is said to be dishonoured by nonby nonpayment, payment—(a) when it is duly presented for payment, and payment is refused or cannot be obtained; 5 or (b), when presentment for payment is excused, and the bill is overdue and unpaid. Conse- Art.... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...presented. (e.) By waiver of presentment, express or implied. Dishonour by Non-payment. 47. (1). A bill is dishonoured by non-payment (a) when it is duly presented...payment and payment is refused or cannot be obtained, or (I) when presentment is excused and the bill is overdue and unpaid. (2.) Subject to tho provisions... | |
| India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...presented. (e.') By waiver of presentment, express or implied. • 47. — (1.) A bill is dishonored by non-payment (a) when it is duly presented for payment and payment is refused or caunot be obtained, or (6) when presentment is excused and the bill is overdue and unpaid. (2.) Subject... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...cannot be obtained ; or (b.} When presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions of this Act when a bill is dishonoured by non-acceptance, an immediate right of recourse against the drawer and indorsers accrues to the holder,... | |
| Great Britain - 1882 - 574 pages
...cannot be obtained ; or (Zi.) when presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions of this Act when a bill is dishonoured by non-acceptance, an immediate right of recourse against the drawer and indorsers accrues to the holder,... | |
| Oscar Borchardt - Banking law - 1883 - 392 pages
...obtained; or sequences. (i.) when presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions of this Act when a bill is dishonoured by non-acceptance, an immediate right of recourse against the drawer and indorsers accrues 'to the holder,... | |
| South Australia - Law - 1884 - 330 pages
...paid if presented : (eJ By waiver of presentment, express or implied. 47. (1.) A bill is dishonored by non-payment (a.) when it is duly presented for...Subject to the provisions of this Act, when a bill is dishonored by non-payment, an immediate right of recourse against the drawer and indorsers accrues... | |
| John Frederick Haynes - English law - 1884 - 736 pages
...would be paid if presented. (e.) By waiver of presentment, express or implied. 47. — (1.) A bill is dishonoured by non-payment (a) when it is duly presented...payment and payment is refused or cannot be obtained, or (6) when presentment is excused and the bill is overdue and unpaid. (2.) Subject to the provisions... | |
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