 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
 | International Correspondence Schools - Banks and banking - 1903 - 646 pages
...themselves against loss on reexchange and return of the bill. 17. When Protest Is Dispensed With. —Protest is dispensed with by any circumstances which would...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,... | |
 | Thomas Moffitt Stevens, Herbert Jacobs - Commercial law - 1903 - 536 pages
...usage may authorise presentment through the post-office (o). Delay in making presentment is excused by circumstances beyond the control of the holder...imputable to his default, misconduct or negligence. Presentment will be dispensed with (i.) where after the exercise of reasonable diligence, it cannot... | |
 | George Lisle - Accounting - 1903 - 560 pages
...and protest it. To be effective the noting should be on the day of the dishonour of the bill, unless delay is caused by circumstances beyond the control of the holder, and not imputable to his fault or negligence. When the bill has been presented and returned through the post, and received after... | |
 | Idaho - Electronic journals - 1903 - 494 pages
...the parties sought to be charged. SEC. 113. Delay in giving notice of dishonor is excused when the delay is caused by circumstances beyond the control of the holder and not imputable to his Jefault, misconduct or negligence. When the cause of delay ceases to operate, notice must be given... | |
 | James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 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,... | |
 | Kentucky - Session laws - 1904 - 378 pages
...indorser. when protest dis- § 159. Protest is dispensed with by any circurnof bill, when origstances which would dispense- .with notice of dishonor. Delay...circumstances beyond the control of the holder and not impu table to his default, misconduct or negligence. When the cause of delay ceases to operate, the... | |
 | Eric R. Watson - Checks - 1904 - 180 pages
...to recover the amount from him." 67. — Belay 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. (S. 46 (1).) (See notes to § 65.) By s. 46 (2)... | |
 | Maryland - Law - 1904 - 1280 pages
...instrument will be paid if presented. 100. 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. 101. Presentment for payment is dispensed with... | |
 | Transvaal (Colony) - Law - 1904 - 552 pages
...payment is Excuses for delayexcused when the delay is caused by circumstances beyond the for payment, control of the holder, and not imputable to his default,...negligence. When the cause of delay ceases to operate presentment must be made with reasonable diligence. (2) Presentment for payment is dispensed with —... | |
 | Charles Monfort Lindsay - Negotiable instruments - 1904 - 204 pages
...Delay in Making Presentment is Excused. — Delay in making presentment for payment is excused when the delay is caused by circumstances beyond the control...imputable to his default, misconduct or negligence (a). When the cause of delay ceases to operate, presentment must be made with reasonable diligence.... | |
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