 | United States. War Department - 1912 - 814 pages
...instrument is payable on the next succeeding business day. Instruments falling due or becoming payable on Saturday are to be presented for payment on the...option of the holder, be presented for payment before twelve o'clock noon on Saturday when that entire day is not a holiday. SEC. 86. TIME; HOW COMPUTED.... | |
 | South Dakota - Law - 1913 - 804 pages
...therein without grace. When a day of maturity falls on Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments falling...option of the holder, be presented for payment before 12 :00 o'clock noon on Saturday, when that entire day is not a holiday. § 8(i. Where the instrument... | |
 | William Frederick Elliott - Contracts - 1913 - 1180 pages
...instrument is payable on the next succeeding business day. Instruments falling due or becoming payable on Saturday are to be presented for payment on the...option of the holder be presented for payment before twelve o'clock noon on Saturday when that entire day is not a holiday." The above section, as contained... | |
 | South Dakota - Session laws - 1913 - 796 pages
...therein without grace. When a day of maturity falls on Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments falling...payment on the next succeeding business day, except that instnunents payable on demand may, at the option of the holder, be presented for payment before 12... | |
 | Wallace Hugh Whigam - Commercial law - 1913 - 442 pages
...since Saturday is, in banking, generally a half holiday, paper maturing on that day is carried over to the next succeeding business day, except that instruments...option of the holder, be presented for payment before twelve o'clock noon on Saturday when that entire day is not a holiday. 166. Liability. Parties to negotiable... | |
 | United States - 1913 - 480 pages
...which is not a Saturday "; and by omitting the words " Instruments falling due [or becoming payable] on Saturday are to be presented for payment on the next succeeding business day, except that " ; so that the section shall read : SEC. 85. [Time of maturity.] — Every negotiable instrument is... | |
 | New York (State). Legislature - Government publications - 1922 - 588 pages
...instrument is payable on the next succeeding business day. Instruments falling due or becoming payable on Saturday are to be presented for payment on the...option of the holder, be presented for payment before twelve o'clock noon on Saturday when that entire day is not a holiday." I am, therefore, of the opinion... | |
 | Thomas Bugard Paton - Banking law - 1922 - 782 pages
...not payable on demand, presentment must be made on the day it falls due." Section 85 provides that "instruments falling due on Saturday are to be presented...for payment on the next succeeding business day." Taken together, these sections plainly indicate that the instrument falls due or matures on Monday.... | |
 | James Matlock Ogden - Negotiable instruments - 1922 - 890 pages
...amendment in 1917, c. 204, s. 1, the following clause was added to the section, "and if presented after 12 o'clock noon on Saturday, when that entire day is not a holiday, may at the option of the payer be then paid." In New Hampshire the words "or payable" were inserted... | |
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When the day of maturity falls upon Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments falling due on Saturday are to be presented for payment on the next succeeding business day, except that instruments payable... 
