 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 480by Institute of Bankers (Great Britain) - 1882Full view - About this book
 | American Bar Association - Law - 1887 - 460 pages
...extended as of the day of the noting. (5) Where the acceptor of a bill becomes bankrupt or insolvent, or suspends payment before it matures, the holder...A bill must be protested at the place where it is dishonored : Provided, That — (a) When a bill is presented through the post-office, and returned... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...extended as of the date of the noting. (5.) Where the acceptor of a bill becomes bankrupt or insolvent or suspends payment before it matures, the holder...A bill must be protested at the place where it is dishonored : Provided that — (a.) When a bill is presented through the post office, and 'returned... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...extended as of the date of the noting. (5.) Where the acceptor of a bill becomes ^nkrupt or insolvent or suspends payment before it matures, the holder...better security against the drawer and indorsers. (G.) A bill must be protested at the place where it is dishonoured : Provided that — (a.) When a... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...extending the protest and sub-section (9). (5.) Where the acceptor of a bill becomes bankrupt or insolvent or suspends payment before it matures the holder may...better security against the drawer and indorsers. The only consequence of such a protest in the United Kingdom seems to be that the bill may then be... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...extended as of the date of the noting. (5.) Where the acceptor of a bill becomes bankrupt or insolvent or suspends payment before it matures, the holder...for better security against the drawer and indorsers (g). (6.) A bill must be protested at the place where it is dishonoured : Provided that — (a.) When... | |
 | Banks and banking - 1882 - 1044 pages
...protested on the day of its dishonour. Where the acceptor of a bill has committed an act of bankruptcy before it matures, the holder may cause the bill to...protested for better security against the drawer and endorsers. A bill must be protested at the place where it is dishonoured. Provided that when a bill... | |
 | Oscar Borchardt - Banking law - 1883 - 392 pages
...extended as of the date of the noting. (5.) Where the acceptor of a bill becomes bankrupt or insolvent or suspends payment before it matures, the holder...protested for better security against the drawer and mdorsers. (6.) A bill must be protested at the place where it is dishonoured: Provided that — (a.)... | |
 | John Frederick Haynes - English law - 1884 - 736 pages
...extended as of the date of the noting. (5.) Where the acceptor of a bill becomes bankrupt or insolvent or suspends payment before it matures, the holder...that — (a.) When a bill is presented through the post-office, and returned by post dishonoured, it may be protested at the place to which it is returned... | |
 | South Australia - Law - 1884 - 330 pages
...subsequently extended as of the date of the noting. (5.) Where the acceptor of a bill is icsolvent or suspends payment before it matures, the holder...A bill must be protested at the place where it is dishonored: Provided that — (a.) When a bill is presented through the post office and returned by... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...of the noting (s). lnd.Act,». 100. (5.) Where the acceptor of a bill becomes bankrupt or insolvent or suspends payment before it matures, the holder...for better security against the drawer and indorsers (r). (6.) A bill must be protested at the place where it is dishonoured (q): Provided that, (a) When... | |
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