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" 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. "
Statutory Proclamations of the Transvaal, 1900-1902: (revised to 31st ... - Page 230
by Transvaal (Colony) - 1904 - 531 pages
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Session Laws of the State of Washington

Washington (State) - Law - 1899 - 476 pages
...been dishonored by nonacceptance 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. SEC. 90. The notice may be given by or on behalf of the holder, or by or on behalf of any party to...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volume 3

Joseph Fitz Randolph - Commercial law - 1899 - 1068 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. RAND.CP— 109 Sec. 161 (90). By Whom Giren. The notice may be given by or on behalf of the holder,...
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Laws of the State of Utah

Utah - 1899 - 206 pages
...been dishonored by nonacceptance 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. Sec. 90. By Whom Given. The notice may be given by or on behalf of the holder, or by or on behalf of...
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The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 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. NOTE — Where an instrument is indorsed (or accepted) after maturity, the holder must in order to...
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The Law of Bills, Notes, and Cheques

Melville Madison Bigelow - Checks - 1900 - 396 pages
...been 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. § 97. The notice may be given by or on behalf of the holderj or by or on behalf of any party to the...
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General Laws of New York: Containing All Amendments to the Close ..., Volume 3

New York (State) - Law - 1900 - 862 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. § 161. By whom given. — The notice may be given by or on behalf of the holder, or by or on behalf...
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Textile Manufacturers' Book-keeping for the Counting House, Mill and ...

George Pepler Norton - Textile fabrics - 1900 - 322 pages
...avoided by passing all bills through the firm's bank. Notice of Dishonour. When a bill is dishonoured, notice of dishonour must be given to the drawer and each indorser, otherwise they will be discharged from liability. A holder should give notice to parties living in...
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The Law of Promissory Notes, Drafts, Checks, Etc

Leslie Jay Tompkins - Checks - 1901 - 220 pages
...instrument has been dishonored by non-acceptance or non-payment, notice must be given to the drawer and to each indorser; and any drawer or indorser to whom such notice is not given is discharged. (Sec. 160.) Note the statement before made that the parties primarily liable — ie, the acceptor of...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1901 - 1022 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. Section 90. The notice may be given by or on be- By whom, half of the holder, or by or on behalf of...
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The New South Wales Lawyer: A Hand-book of the Every-day Laws of this State ...

H. V. Edwards - Law - 1901 - 330 pages
...nonpayment, notice of the fact must (subject to exceptions) be given the drawer and each indorser ; any drawer or indorser to whom such notice is not given is discharged. Delay in giving notice of dishonour is excused under the same circumstances, and subject to the same...
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