 Except as herein otherwise provided, when a negotiable instrument has been dishonored by nonacceptance or nonpayment, notice of dishonor must be given to the drawer and to each indorser, and any drawer or indorser to whom such notice is not given is discharged.  Statutes at Large ... - Page 378by Great Britain - 1882Full view - About this book
 | Illinois. Supreme Court - Law reports, digests, etc - 1919 - 716 pages
...dishonored by non-acceptance or non-payment, notice of dishonor must be given to the drawer and to each indorser, and any drawer or indorser to whom such notice is not given is discharged." (Ibid. p. 2009.) Section 114 of the same act provides: "Notice of dishonor is not required to be given... | |
 | American Bar Association - Law - 1887 - 460 pages
...of this act, when a bill has been dishonored by non-acceptance or by non-payment, notice of dishonor must be given to the drawer and each indorser, and...discharged : Provided, That — (1) Where a bill is dishonored by non-acceptance, and notice of dishonor is not given, the rights of a holder in due course... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...of this Act, when a bill has been dishonored by non-acceptance or by non-payment, notice of dishonor must be given to the drawer and each indorser, and...discharged; Provided that — (1.) Where a bill is dishonored by non-acceptance, and notice of dishonor is not given, the rights of a holder in due course... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...and effect of non- bill has been dishonoured by non-acceptance or by non-payment, notice of dishonour must be given to the drawer and each indorser, and...notice is not given is discharged ; Provided that — (t.) Where a bill is dishonoured by non-acceptance, and notice of dishonour is not given, the rights... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...this Act, svhen a bill has been dishonoured by non-acceptance or by non-payment, notice of dishonour must be given to the drawer and each indorser, and...notice is not given is discharged ; Provided that— 7 (1.) Where a bill is dishonoured by non-acceptance, and notice of dishonour is not given, the rights... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...effect of non- bill has been dishonoured by non-acceptance or by nonpayment (b), notice of dishonour must be given to the drawer and each indorser, and...indorser to whom such notice is not given is discharged (c) : Provided that — (1.) Where a bill is dishonoured by non-acceptance, and notice of dishonour... | |
 | Oscar Borchardt - Banking law - 1883 - 392 pages
...has been dishCeffert honoured by non-acceptance or by non-payment, notice of dishonour must or nnn. be given to the drawer and each indorser, and any drawer or indorser to notic,. whom such notice is not given is discharged; Provided that — (1.) Where a bill is dishonoured... | |
 | Henry Roscoe - Evidence (Law) - 1884 - 834 pages
...348, 353), " when a bill has been dishonoured by non-acceptance or by non-payment, notice of dishonour must be given to the drawer and each indorser, and...bill is dishonoured by non-acceptance, and notice of disNotice of dishonour — when sufficient. — Statute.] Sect. 49. "Notice of dishonour in order to... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...payment (6), notice of dishonour (c) must be given to the ind. Act, s . 93. drawer and each indorser (d), and any drawer or indorser to whom such notice is not given is discharged (e). Provided that— (1) Where a bill is dishonoured by non-acceptance and notice of dishonour is... | |
 | Frederick Hayne Carter - 1885 - 260 pages
...immediately following. As to whom the notice should be given, it is necessary to give notice of the dishonour to the drawer and each indorser, and any drawer or...indorser to whom such notice is not given is discharged ; and in the event of any of them having become bankrupt, notice should also be given to the trustees... | |
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