A Treatise On the Law of Bills of Exchange Promissory Notes And Letters of Cre
A Treatise On the Law of Bills of Exchange Promissory Notes And Letters of Cre
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98. $ 8. ♦ In every protest, the bill, and all the indorsements, if there be any, must be transcribed verbaturiy and prefixed to the instrument, and the reasons specified why the bill was dishonoured or protested. * All bills » Molloy, b. 2. C. IQ. ^ 17. 31. 3 Poth. N. 155. — Boucher, n. 1463. * For the forms of Protests, and of the Azcc^i^nccfupra proteft, fee Appendix No. 3. S Aa l6St. — Ord de Com. Tit. 5. Art. 9. OF PROTESTS. 1^3 bills ought to be protested for non-payment on th* last day o...f grace, if they are not duly paid. A bill cannot be protested against the accepter on the day of payment ; ^ but the protest must be taken within the three days of grace ; ' and where a bill was protested on the day after the last day of grace, recourse was refused, though no damage could be said to have ari- sen by delaying the protest. » When the last day of grace happens to be Sunday, the bill must be protest- ed on the day preceding ; and a bill protested on the day following was found not duly negotiated.
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To quickly assess the difficulty of the text, read a short excerpt:
98. $ 8. ♦ In every protest, the bill, and all the indorsements, if there be any, must be transcribed verbaturiy and prefixed to the instrument, and the reasons specified why the bill was dishonoured or protested. * All bills » Molloy, b. 2. C. IQ. ^ 17. 31. 3 Poth. N. 155. — Boucher, n. 1463. * For the forms of Protests, and of the Azcc^i^nccfupra proteft, fee Appendix No. 3. S Aa l6St. — Ord de Com. Tit. 5. Art. 9. OF PROTESTS. 1^3 bills ought to be protested for non-payment on th* last day o...f grace, if they are not duly paid. A bill cannot be protested against the accepter on the day of payment ; ^ but the protest must be taken within the three days of grace ; ' and where a bill was protested on the day after the last day of grace, recourse was refused, though no damage could be said to have ari- sen by delaying the protest. » When the last day of grace happens to be Sunday, the bill must be protest- ed on the day preceding ; and a bill protested on the day following was found not duly negotiated.
What to read after A Treatise On the Law of Bills of Exchange Promissory Notes And Letters of Cre?
You can find similar books in the "Read Also" column, or choose other free books by William Glen to read onlineMoreLess
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