 | American Bar Association - 1887 - 460 pages
...the bill. (4) Where the holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise...for payment is excused, and does not discharge the drawer and indorsers. SEC. 40. (1) That subject to the provisions of this act, when a bill payable... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 pages
...omission. (4.) Where the holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee has not time, with the exercise...for payment is excused, and does not discharge the drawer and indorsers. This subsection settles a doubtful point. Suppose a bill, payable one month after... | |
 | India, Patrick Dunlop Shaw - 1882 - 362 pages
...the bill. (4.) Where the holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise...for payment is excused, and does not discharge the drawer and indorsers. 40. (1.) Subject to the provisions of this Act, when a bill payable after sight... | |
 | Great Britain - 1882 - 574 pages
...the bill. (4.) Where the holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise...for payment is excused, and does not discharge the drawer and indorsers. 40. (1.) Subject to the provisions of this Act, when a bill pay- Time for preable... | |
 | Institute of Bankers (Great Britain) - 1882 - 726 pages
...the bill. (4.) Where the holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time with the exercise...for payment is excused, and does not discharge the drawer and indorsers. Time for Presenting £ill Payable after Sight. 40. (1.) Subject to the provisions... | |
 | W. D. Thorburn - 1882 - 316 pages
...business or residence of the drawee (d), has not time, with the exercise of reasonable diligence (e), to present the bill for acceptance before presenting...for payment is excused, and does not discharge the drawer and indorsers. (a.) When a bill payable after sight is presented for acceptance, the drawee... | |
 | 1882 - 1044 pages
...declares that — " Where the holder of a bill, drawn payable elsewhere than at the p nf business or residence of the drawee, has not time, with the exercise...presenting it for payment on the day that it falls due, tho delay caused by presenting the bill for acceptance before presenting it for payment is excused,... | |
 | Oscar Borchardt - 1883 - 392 pages
...holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, nas not time, with the exercise of reasonable diligence,...for payment is excused, and does not discharge the drawer and indorsers. Time for 40. (1.) Subject to the provisions of this Act, when a bill payable... | |
 | Henry Roscoe - 1884 - 834 pages
...bill." " (4.) Where the holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise...for payment is excused, and does not discharge the drawer and indorsers." Sect. 40. " (1.) Subject to the provisions of this Act," vide sect. 41 (2),... | |
 | John Frederick Haynes - 1884 - 736 pages
...the bill. (4.) Where the holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise...for payment is excused, and does not discharge the drawer and indorsers. 40. — (1.) Subject to the provisions of this Act, when a bill Time for prepayable... | |
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Where the holder of a bill drawn payable elsewhere than at the place of business or the residence of the drawee has not time with the exercise of reasonable diligence to present the bill for acceptance before presenting it for payment on the day that... 
