 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 523by Institute of Bankers (Great Britain) - 1882Full view - About this book
 | Henry Dunning Macleod - Banks and banking - 1886 - 722 pages
...appear on the face of it to be a foreign bill, protest thereof, iu case of dishonour, is unnecessary 3. A bill which has been protested for non-acceptance may be subsequently protested for non-payment 4. Subject to the provisions of this Act, when a bill is noted or protested, it must be noted on the... | |
 | Virginia - Law - 1899 - 724 pages
...extended as of the date of the noting. § 157. PROTEST BOTH FOR NON-ACCEPTANCE AND NON-PAYMENT. — A bill which has been protested for non-acceptance may be subsequently protested for non-payment. §158. PROTEST BEFORE MATURITY WHERE ACCEPTOR INSOLVENT. — Where the acceptor has been adjudged a... | |
 | Maryland - Law - 1898 - 700 pages
...be payable, and no further presentment for payment to, or demand on, the drawee is rfecessary. 176. A bill which has been protested for non-acceptance may be subsequently protested for non-payment. 177. Where the acceptor has been adjudged a bankrupt or an insolvent, or has made an assignment for... | |
 | Great Britain - Bills of exchange - 1892 - 98 pages
...bill, protest thereof [ ] in case of dishonour is unnecessary. New Zealand,—Insert as in [ ]. (3.) A bill which has been protested for non-acceptance may be subsequently protested for non-payment. (4.) Subject to the provisions of this [ ] Act, when a bill is noted or protested, it must be noted... | |
 | Barbados - Session laws - 1893 - 462 pages
...face of it to b« 8. (386) f'oreigr- bill, protest thereof in case of dishonour is unnecessary. (SJ A bill which has been protested for non-acceptance may be subsequently protested for non-payment. (4.) Subject to the provisions of this Act when a bill is noted or protested it must be nnted on the... | |
 | Melville Madison Bigelow - Negotiable instruments - 1893 - 360 pages
...appear on the face of it to be a foreign bill, protest thereof in case of dishonour is unnecessary. (3) A bill which has been protested for non-acceptance may be subsequently protested for non-payment. (4) Subject to the provisions of this Act, when a bill is noted or protested, it must be noted on the... | |
 | Colorado - Electronic journals - 1897 - 434 pages
...INSTRUMENTS. bankrupt or assigned. When dispensed with. Lost or destroyed bill. second protest. Sec. 157. A bill which has been protested for non-acceptance may be subsequently protested for non-payment. where acceptor gec, i5g. Where the acceptor has been adjudged a bankrupt or an insolvent or has made... | |
 | Edward Bullen, Thomas Joseph Bullen - Forms (Law) - 1897 - 1210 pages
...had due notice of the said facts, and has not paid the said bül. Particulars : — By s. 51 (3), " 14 of the As to the time and place for protesting a bill, see s. 51 (4) (0) (9). By s. 51 (9), "Protest is dispensed... | |
 | Florida - Law - 1897 - 426 pages
...payable, and no further presentment for payment to, or demand on, the drawee is necessary. SEC. 157. A bill which has been protested for non-acceptance may be subsequently protested for non-payment. payment. 1897. Acceptor adl !;.l.ir•e''•: ItaLkSEC. 158. Where the acceptor has been adjudged a... | |
 | Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...payable, and no further presentment for payment to, or demand on the drawee, is necessary. Sec. 164. A bill which has been protested for non-acceptance may be subsequently protested for non-payment. Sec. 165. Where the acceptor has been adjudged a bankrupt or an insolvent or has made an assignment... | |
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