PREFACE. The Negotiable Instruments Law was enacted by the Legislature of Michigan at its 1905 session and on this 16th day of September, 1905, becomes a law of the State. Soon after the approval of the Act-June 16, 1905,-I undertook the work of annotating the statute and of explaining its origin, scope and purpose in such particulars as seemed to invite explanation. It has been my purpose to point out what changes the Statute has made in existing law, to what extent and how it and the Bills of Exchange Act upon which it is modeled have been construed by the courts, and wherein it has settled the law and removed conflict in the authorities. To these ends, I have cited under the several propositions of the statute the Michigan cases pertaining to the particular proposition and such English, Federal and other state cases as seemed to me good illustrations or clear explanations of the proposition involved and every case which has arisen under this statute and under the Bills of Exchange Act tending in any way to explain, illustrate or construe the statutory provision or to elucidate the general proposition covered thereby. I submit the result of my work-undertaken in the hope that it might help the profession and the bankers and business men in dealing with this statute-to all who may find occasion to make use of it, with regret, however, that the time available for its completion was necessarily so limited and with the assurance that I could not have done it at all within the stipulated time but for the energetic, efficient and intelligent aid of Mr. Oscar E. Waer of the Law Department of the University of Michigan, whose assistance in this behalf I most gratefully acknowledge. I crave the courteous indulgence of all who may have occasion to consult these pages in attributing something of whatever of fault may be found in the plan and execution of this work to the enforced hurry of its preparation. Ann Arbor, Michigan, September 16, 1905. ROB'T E. BUNKER. III. Negotiation. IV. Rights of holder. V. Liabilities of parties. VI. Presentment for payment. VII. Notice of dishonor. VIII. Discharge of negotiable instruments. TABLE OF CASES The references are to pages. Abele v. McGuigan, 108. Adams v. King, 49. Adams v. Wright, 160. Aebi v. Bank, 228. Aetna Bank v. Winchester, 185. Alabama Coal Mining Co. v. Brainard, 34. Albany Co. Bank v. People's Ice Co., 102, 104, 109. Albertson v. Laughlin, 41. Aldous v. Cornwell, 47. Aldrich v. Jackson, 123. Aldrich v. Smith, 182. Alexandria v. Swan, 154, 159. Allen v. Merchants' Bank, 88. Allison v. Circuit Judge, 120. Alpena Nat. Bank v. Greenbaum, 147. Altman v. Rittershofer, 36. American Bank v. Junk Bros., 130, 142, 159, 165, 170. Am. Exch. Bank v. Am. Hotel Co., 156, 157. Am. Express Co. v. Pinckney, 62. Amsinck v. Rogers, 187, 208, 227. Anderson v. Bank, 64, 77. Anderson v. Drake, 136. Anderson v. Pearce, 66. Anderson v. Walter, 70, 106. Anderton v. Shoup, 64. Angle v. Ins. Co., 56. Angle v. N. W., etc., Ins. Co., 186. Appledorn v. Streeter, 172. Arbuckle v. Templeton, 63. Armistead v. Armisteads, 130. Armiston Loan & Trust Co. V. Stickney, 33. Armstrong V. Am. Exch. Nat. Bank, 189. Armstrong v. Bank, 51. Armstrong v. Chadwick, 112. Armstrong v. Christiani, 155. Armville Nat. Bank v. Kettering, 143. Arnold v. Dresser, 141. Arnold v. Rock River etc., Co., 43. Attwood v. Munnings, 67. |