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. Laws of the Colony of Southern Nigeria - Page 698by Nigeria. Compilations - 1908Full view - About this book
| District of Columbia - Law - 1902 - 400 pages
...been dishonored by nor.acceptance 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. Sec. 1394. The notice may be given by or on behalf of the holder, or by or on behalf of any party to... | |
| Ohio - Session laws - 1902 - 1048 pages
...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. right to reimbursement from the party to whom the notice is given. Sec. 31741. [Notice given by agent.]... | |
| Ohio - Session laws - 1902 - 1050 pages
...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. right to reimbursement from the party to whom the notice is given. Sec. 31741. [Notice given by agent.]... | |
| John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...protest need not be made; when must be made. § 160. To whom notice of dishonor must be given.— to each indorser, and any drawer or indorser to whom such notice is not given is discharged (a). (a) This rule does not apply to guarantors. Brown v. Curtiss, 2 NY 225; Allen v. Rightmere, 20... | |
| Eric Russell Watson - Banking law - 1902 - 182 pages
...agent for payment. 69. — Subject to the provisions of the Act, when a cheque has been dishonoured by non-payment, notice of dishonour must be given to the drawer and each indorser, any drawer (I) or indorser to whom such notice is not given is discharged. (S. 48.) S. 49 of the Act... | |
| James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...of this act, when a bill has been dishonored by non-acceptance or by non-payment, notice of dishonor must be given to the drawer and each indorser, and...discharged; , Provided that — (1) Where a bill is dishonored by non-acceptance, and notice of dishonor is not given, the rights of a holder in due course... | |
| Idaho - Electronic journals - 1903 - 494 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. SEC. 90. The notice may be given by or on behalf of the holder, or by or on behalf of any party to... | |
| John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...dishonored by non-acceptance or non-payment, notice of dishonor must bo 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... | |
| James Tower Keen - Justices of the peace - 1903 - 288 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.3 (a) Who may Give. § 73. Notice of dishonor should be given (1) by the holder or by his... | |
| George Lisle - Accounting - 1903 - 556 pages
...he will be separately liable on each part accepted. When a bill is dishonoured by non-acceptance or non-payment, notice of dishonour must be given to the drawer and each endorser, or else they are released from liability on the bill. If the party to whom notice is to be... | |
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