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. The Acts of the Parliament of Queensland - Page 86by Queensland - 1884Full view - About this book
| Frederick Hayne Carter - 1885 - 260 pages
...immediately following. As to whom the notice should be given, it is necessary to give notice of the dishonour to the drawer and each indorser, and any drawer or...indorser to whom such notice is not given is discharged ; and in the event of any of them having become bankrupt, notice should also be given to the trustees... | |
| Law reports, digests, etc - 1908 - 1168 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. The question at issue very largely turns upon what is meant by the terms of section 31731, the substance... | |
| Henry Dunning Macleod - Banks and banking - 1886 - 722 pages
...and iudorsers accrues to the holder 299.* Subject to the provisions of this Act, when a bill has been dishonoured by non-acceptance, or by non-payment,...by non-acceptance, and notice of dishonour is not giveu, the rights of a holder in due course, subsequent to the omission, shall not be prejudiced by... | |
| Law reports, digests, etc - 1913 - 1348 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." Nowhere In this act do we find any suggestion or intimation that an accommodation indorser Is, under... | |
| Law reports, digests, etc - 1916 - 1060 pages
...is dishonored by iionacceptance 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. "The notice may be given by or on behalf of the holder or by or on behalf of any party to the instrument... | |
| Virginia - Law - 1899 - 724 pages
...been 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. § 90. BY WHOM GIVEN. — The notice may be given by or on behalf of the holder or by or on behalf... | |
| Law reports, digests, etc - 1916 - 1404 pages
...nonacceptanee or nonpayment, notice of dishonor must be given to the drawer and to each indorser, find any drawer or indorser to whom such notice is not given is discharged, the holder's failure, npon dishonor of a note, to give notice thereof to its negotiator, who had indorsed... | |
| John Augustus Barron - Bills of exchange - 1890 - 152 pages
...non-acceptance or by non-pay- o° ment, notice of dishonor must be given to the drawer and notioe. each indorser, and any drawer or indorser to whom...notice is not given is discharged ; Provided that — (a) Where a bill is dishonored by non-acceptance, and notice of dishonor is not given, the rights... | |
| Thomas Brett - English law - 1891 - 660 pages
...provisions of the Acts as to notice, an immediate right of recourse against the drawers and indorsers. Notice of dishonour must be given to the drawer and each indorser, and if such notice is not given, the party to whom the notice is not given is discharged. When a bill is... | |
| John Barnard Byles - Bills of exchange - 1891 - 674 pages
...exchange is dishonoured by non-acceptance, or a bill of XZ: exchange or a promissory note is dishonoured by non-payment, notice of dishonour must be given to the drawer and indoreers of the bill, or the indorsers of the note, and any drawer or indorser, to whom such notice... | |
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