| Institute of Bankers (Great Britain) - Banks and banking - 1897 - 688 pages
...consideration. Then the section goes on to define what is due presentment for payment, as follows : — " A bill is duly presented for payment which is presented in " accordance with the following rules, and in sub-section 4 we find the following : — "A bill is presented at the proper place («) where... | |
| W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...duly presented for payment. presented the drawer and indorsers shall be discharged .§ 45. (6)• ~~ A bill is duly presented for payment which is presented...demand, presentment must be made on the day it falls due (c). (2.) Where the bill is payable on demand (d), then, subject to the provisions of this Act (e),... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...presented the drawer and indorsers shall be discharged. For the provisions referred to see sect. 46. A bill is duly presented for payment which is presented in accordance with the following rules : — (i.) Where the bill is not payable on demand, presentment must be made on the day it falls due.... | |
| Henry Roscoe - Evidence (Law) - 1884 - 834 pages
...duly presented for payment. If it be not so presented the drawer and indorsers shall be discharged. A bill is duly presented for payment which is presented...is not payable on demand, presentment must be made " In determining what is a reasonable time, regard shall be had to the nature of the bill, the usage... | |
| Law reports, digests, etc - 1911 - 1170 pages
...presentment for payment of demand paper. Section 3528, Rev. Codes, provides: "Where the instrument Is not payable on demand, presentment must be made on the day it falls due. "Where It is payable on demand, presentment must be made within a reasonable time after its issue,... | |
| Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...indorsers shall be discharged (z). A bill is duly presented for payment which is presented Ind. Act, s. 64. in accordance with the following rules:— (1.) Where the bill is not payable on demand, present- lad. Act, s. 66. nient must be made on the day it falls due (y). (2.) Where the bill is payable... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1887 - 754 pages
...presented the drawer and indorsers shall be discharged. A bill is duly presented for payment whicli is presented in accordance with the following rules...falls due : (2) where the bill is payable on demand," and for this purpose a bill payable at sight is equivalent to a bill payable on demand under another... | |
| Law reports, digests, etc - 1887 - 1004 pages
...presented for payment which ia presented in accordance with the following rulea : — (1) Where the bill ia not payable on demand, presentment must be made on...falls due ; (2) where the bill is payable on demand," and for thia purpose a bill payable at aight is equivalent to a bill payable on demand under another... | |
| Virginia - Law - 1899 - 724 pages
...and indorscrs. §71. PRESENTMENT WHERE INSTRUMENT is NOT PAYABLE ON DEMAND. — Where the instrument is not payable on demand presentment must be made on the day it falls due. Where itis payable on demand presentment must be made within a reasonable time after its issue, except... | |
| Maryland - Law - 1898 - 700 pages
...presentment for payment is necessary in order to charge the drawer and indorsers. 90. Where the instrument is not payable on demand, presentment must be made on the day it falls due. Where it is payable on demand, presentment must be made within a reasonable time after its issue, except... | |
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