 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
 | Joseph Fitz Randolph - Commercial law - 1899 - 1068 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. RAND.CP— 109 Sec. 161 (90). By Whom Giren. The notice may be given by or on behalf of the holder,... | |
 | Wisconsin - 1899 - 88 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. NOTE — Where an instrument is indorsed (or accepted) after maturity, the holder must in order to... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1900 - 134 pages
...holder. For the provisions referred to, see sects. 65 — 68, as to acceptance and payment for'honour. non-payment, notice of dishonour must be given to...notice is not given is discharged ; Provided that— (i.) Where a bill is dishonoured by non-acceptance, and notice of dishonour is not given, the rights... | |
 | Melville Madison Bigelow - Checks - 1900 - 396 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. § 97. The notice may be given by or on behalf of the holderj or by or on behalf of any party to the... | |
 | New York (State) - Law - 1900 - 862 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. § 161. By whom given. — The notice may be given by or on behalf of the holder, or by or on behalf... | |
 | George Pepler Norton - Textile fabrics - 1900 - 322 pages
...avoided by passing all bills through the firm's bank. Notice of Dishonour. When a bill is dishonoured, notice of dishonour must be given to the drawer and each indorser, otherwise they will be discharged from liability. A holder should give notice to parties living in... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1901 - 1022 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. Section 90. The notice may be given by or on be- By whom, half of the holder, or by or on behalf of... | |
 | Leslie Jay Tompkins - Checks - 1901 - 220 pages
...instrument has been dishonored by non-acceptance or non-payment, notice 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. 160.) Note the statement before made that the parties primarily liable — ie, the acceptor of... | |
 | H. V. Edwards - Law - 1901 - 330 pages
...nonpayment, notice of the fact must (subject to exceptions) be given the drawer and each indorser ; any drawer or indorser to whom such notice is not given is discharged. Delay in giving notice of dishonour is excused under the same circumstances, and subject to the same... | |
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