 Presentment for acceptance is excused, and a bill may be treated as dishonored by nonacceptance, in either of the following cases: 1. Where the drawee is dead, or has absconded or is a fictitious person or a person not having capacity to contract by bill....  Acts of the State of Ohio - Page 191by Ohio - 1902Full view - About this book
 | Henry Dunning Macleod - Banks and banking - 1886 - 722 pages
...bill may be treated as dishonoured by non-acceptance — (a) Where the drawee is dead or bankrupt, or is a fictitious person, or a person not having capacity to contract by bill : (b) Where, after the exercise of reasonable diligence, such presentment cannot be effected : (c)... | |
 | Virginia - Law - 1899 - 724 pages
...acceptance before presenting it for payment is excused and does not discharge the drawers and indorsers. 1. Where the drawee is dead or has absconded or is...acceptance has been refused on some other ground. § 149. WHEN DISHONORED BY NON-ACCEPTANCE.— A bill is dishonored by non-acceptance — 1. When it... | |
 | Maryland - Law - 1898 - 700 pages
...discharge the drawers and indorsers. 167. Presentment for acceptance is excused, and a bill may be treated as dishonored by non-acceptance, in either of the...acceptance has been refused on some other ground. 168. A bill is dishonored by non-acceptance : 1. When it is duly presented for acceptance, and such... | |
 | Thomas Hodgins - Banking law - 1890 - 336 pages
...l£\\ mav b e treated as dishonored by non-acceptance— (a) Where the drawee is dead or bankrupt, or is a fictitious person or a person not having capacity to contract by bill;6 (b) Where, after the exercise of reasonable diligence, such presentment cannot be effected ;... | |
 | John Barnard Byles - Bills of exchange - 1891 - 674 pages
...bill may be treated as dishonoured by non-acceptance — (a) Where the drawee is dead or bankrupt, or is a fictitious person or a person not having capacity to contract by bill : (b) Where, after the exercise of reasonable diligence, such presentment cannot be effected : (c)... | |
 | John James MacLaren - Bills of exchange - 1892 - 646 pages
...may-be treated as dishonored EXC^ by non-acceptance — preseut* , meut. (a.) Where the drawee is dead, or is a fictitious person or a person not having capacity to contract by bill: Imp. Act, s. 41 (2) (a); 54-55 Vict. c. 17, s. 6 (Can.). Where the drawee is dead the holder may either... | |
 | Great Britain - Bills of exchange - 1892 - 98 pages
...bill may be treated as dishonoured by nonacceptance— rras. ].] (a) Where the drawee is dead, [ ] or is a fictitious person or a person not having capacity to contract by bill : Victoria.—Insert in [ ] the words or insolvent. New South Wales.—Insert in [ ] the words or bankrupt.... | |
 | Melville Madison Bigelow - Negotiable instruments - 1893 - 360 pages
...bill may be treated as dishonoured by non-acceptance, — (a) Where the drawee is dead or bankrupt,2 or is a fictitious person or a person not having capacity to contract by bill; (b) Where, after the exercise of reasonable diligence, such presentment cannot be effected; 8 (e) Where,... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1896 - 530 pages
...dis- ""^f fST"*" honoured by non-acceptance — acceptance. («) Where the drawee is dead or bankrupt, or is a fictitious person or a person not having capacity to contract by bill :' (6) Where, after the exercise of reasonable diligence, such presentment cannot be effected :2 (c)... | |
 | Colorado - Electronic journals - 1897 - 394 pages
...the drawers and indorsers. Sec. 148. Presentment for acceptance is excused and a bill may be treated as dishonored by non-acceptance, in either of the...acceptance has been refused on some other ground. Sec. 149. A bill is dishonored by non-acceptance: 1. When it is duly presented for acceptance and such an... | |
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