 Delay in making presentment for payment is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate, presentment must be...  Laws of the State of New York - Page 733by New York (State) - 1897Full view - About this book
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...making presentment for pavdeUy in j. • j 1 i_ ji • j i_ • present- ment is excused when such delay is caused by circumstances beyond the control of the holder, and not imputable to his negligence.5 Cf. Art. 201. ILLUSTRATIONS. 1. The holder of a bill dies suddenly just before it matures.... | |
 | American Bar Association - Law - 1887 - 460 pages
...be made on a copy or written particulars thereof. (9) Protest is dispensed with by any circumstance which would dispense with notice of dishonor. Delay in noting or protesting is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default,... | |
 | Great Britain - 1882 - 574 pages
...circumstance which would dispense with notiee of dishonour. Delay in noting or protesting is excused when the delay is caused by circumstances beyond the control...must be noted or protested with reasonable diligence. 52. — (1.) When a bill is accepted generally presentment for payDuties of -- ment is not necessary... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...the post office is sufficient. 46. (t.) Delay in making presentment for payment is excused when the delay is caused by circumstances beyond the control...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...non-presentment for Payrntnt. 46. (1.) Delay in making presentment for payment is excused •when the delay is caused by circumstances beyond the control...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...which would dispense with notice of dishonour (j ) : Delay in noting or protesting is excused when the delay is caused by circumstances beyond the control...imputable to his default, misconduct, or negligence (&). When the cause of delay ceases to operate, the bill must be noted or protested with reasonable... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...Funds in hands of drawee. Liability of acceptor. (9.) Protest is dispensed with by any circumstance which would dispense with notice of dishonor. Delay in noting or protesting is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default,... | |
 | Oscar Borchardt - Banking law - 1883 - 392 pages
...beyond the control of the holder, and presentment . * . , i • ir i» • j i- TITTI it_ for payment, not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,... | |
 | John Cunningham (barrister-at-law.), Sir Miles Walker Mattinson - Actions and defenses - 1884 - 848 pages
...46 Viet. c. 01, it is provided : — (1) Delay in making presentment for payment is excused when the delay is caused by circumstances beyond the control...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2) Presentment for payment is dispensed with :... | |
 | John Frederick Haynes - English law - 1884 - 736 pages
...post office is sufficient. 46. — (1.) Delay in making presentment for payment is excused when the delay is caused by circumstances beyond the control...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2.) Presentment for payment is dispensed with,... | |
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