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" A bill is dishonored by non-acceptance: 1. When it is duly presented for acceptance, and such an acceptance as is prescribed by this act is refused or cannot be obtained; or 2. When presentment for acceptance is excused, and the bill is not "
A Synopsis of the Bills of Exchange Acts of England and Wales: And the ... - Page 26
by Great Britain - 1892 - 80 pages
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...presented forceptance. acceptance, and an acceptance in due form is refused or cannot be obtained, or (2) when presentment for acceptance is excused, and the bill is not accepted. Art. 157. Subject to Art. 48, when a bill of ex- Consechange is dishonoured by non-acceptance, an imrne-...
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Report of the ... Annual Meeting of the American Bar ..., Volume 10, Part 1887

American Bar Association - Law - 1887 - 460 pages
...acceptance, and such an acceptance as is prescribed by this act is refused or cannot be obtained ; or (I)) When presentment for acceptance is excused and the...Subject to the provisions of this act, when a bill is dishonored by non-acceptaucc an immediate right of recourse against the drawer and indorsers accrues...
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Statutes at Large ...

Great Britain - 1882 - 574 pages
...right of recourse against the drawer and indorsers. 43. (1.) A bill is dishonoured by non-acceptance— (a.) when it is duly presented for acceptance, and...by this Act is refused or cannot be obtained ; or (Zi.) when presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the...
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Journal of the Institute of Bankers, Volume 3

Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...It is clause 43 I wish to draw attention to : — "(1.) A bill is dishonoured by non-acceptance — (a) When it is duly presented for acceptance and such...by this Act is refused or cannot be obtained ; or (I) when presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...against the drawer and indorsers. .43. (1.) A bill is dishonored by non-acceptance — Dishonor by (a.) when it is duly presented for acceptance, and...acceptance as is prescribed by this Act is refused or qnences. cannot be obtained ; or (6.) when presentment for acceptance is excused and the bill is not...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...duly presented for acceptance (a), ance^d its and such an acceptance as is prescribed by this Act (6) is refused or cannot be obtained ; or (6.) when presentment...acceptance is excused and the bill is not accepted (c). (2.) Subject to the provisions of this Act (cZ) when a bill is dishonoured by non-acceptance,...
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The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
.../ JK non-acceptance d its nsequences. («.) When it is duly presented for acceptance, and consequei such an acceptance as is prescribed by this Act is refused or cannot be obtained ; or (b.} When presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions...
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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

Oscar Borchardt - Banking law - 1883 - 392 pages
...the drawer and indorsers. Dishonour 4^ (l.) A. bill is dishonoured by non-acceptance — h>cen°a"J"' (a.) when it is duly presented for acceptance, and such an acceptance as and its con- is prescribed by this Act is refused or cannot be obtained; or sequences. (i.) when presentment...
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Acts of the Parliament of South Australia

South Australia - Law - 1884 - 330 pages
...of recourse against the drawer and indorsers. 43. (!•) A bill is dishonored by non-acceptance — (a.) When it is duly presented for acceptance, and...prescribed by this Act is refused or cannot be obtained; or (b.) When presentment for acceptance is excused, and the bill is not accepted. (2.} Subject to the...
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The Student's Statutes: Being the Principal Provisions of Some ..., Volume 424

John Frederick Haynes - English law - 1884 - 736 pages
...of recourse against the drawer and indorsers. 43.^-(l.) A bill is dishonoured by non-acceptance — (a.) when it is duly presented for acceptance, and...by this Act is refused or cannot be obtained ; or (b.) when presentment for acceptance is excused and the bill is not accepted. (2.) Subject to the provisions...
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