 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1878 - 366 페이지
...distinction is an important one.' Art. 170. A bill is said to be dishonoured by non- Dishonour payment — {a) when it is duly presented for payment, and payment is refused or cannot be obtained ; 3 or (b), when presentment for payment is excused, and the bill is overdue and unpaid. Art. 171.... | |
 | American Bar Association - 1887 - 460 페이지
...presented. (e) By waiver of presentment, express or implied. SEC. 47. (1) That a bill is dishonored by non-payment — (a) When it is duly presented for...Subject to the provisions of this act, when a bill is dishonored by non-payment, an immediate right of recourse against the drawer and indorsers accrues... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1881 - 418 페이지
...clearly excused/ Dishonour Art. i7Q. A bill is said to be dishonoured by nonby nonpayment, payment—(a) when it is duly presented for payment, and payment is refused or cannot be obtained; 5 or (b), when presentment for payment is excused, and the bill is overdue and unpaid. Conse- Art.... | |
 | Institute of Bankers (Great Britain) - 1882 - 726 페이지
...presented. (e.) By waiver of presentment, express or implied. Dishonour by Non-payment. 47. (1). A bill is dishonoured by non-payment (a) when it is duly presented...payment and payment is refused or cannot be obtained, or (I) when presentment is excused and the bill is overdue and unpaid. (2.) Subject to tho provisions... | |
 | India, Patrick Dunlop Shaw - 1882 - 362 페이지
...presented. (e.') By waiver of presentment, express or implied. • 47. — (1.) A bill is dishonored by non-payment (a) when it is duly presented for payment and payment is refused or caunot be obtained, or (6) when presentment is excused and the bill is overdue and unpaid. (2.) Subject... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 페이지
...cannot be obtained ; or (b.} When presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions of this Act when a bill is dishonoured by non-acceptance, an immediate right of recourse against the drawer and indorsers accrues to the holder,... | |
 | Great Britain - 1882 - 574 페이지
...cannot be obtained ; or (Zi.) when presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions of this Act when a bill is dishonoured by non-acceptance, an immediate right of recourse against the drawer and indorsers accrues to the holder,... | |
 | Oscar Borchardt - 1883 - 392 페이지
...obtained; or sequences. (i.) when presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions of this Act when a bill is dishonoured by non-acceptance, an immediate right of recourse against the drawer and indorsers accrues 'to the holder,... | |
 | South Australia - 1884 - 330 페이지
...paid if presented : (eJ By waiver of presentment, express or implied. 47. (1.) A bill is dishonored by non-payment (a.) when it is duly presented for...Subject to the provisions of this Act, when a bill is dishonored by non-payment, an immediate right of recourse against the drawer and indorsers accrues... | |
 | John Frederick Haynes - 1884 - 736 페이지
...would be paid if presented. (e.) By waiver of presentment, express or implied. 47. — (1.) A bill is dishonoured by non-payment (a) when it is duly presented...payment and payment is refused or cannot be obtained, or (6) when presentment is excused and the bill is overdue and unpaid. (2.) Subject to the provisions... | |
| |
The instrument is dishonored by non-payment when, — 1. It is duly presented for payment and payment is refused or cannot be obtained ; or 2. 
