The Democratic press. (Eaton, Preble County, Ohio) 1860-1865, 1861-08-01

to be by him filed, but not record
ed in his Office.
Sec. 2. That if the said surviv-
ing partner or partners, shall neg
lect or refuse to have an inventory
and appraisment made of the part
nership assets and liabilities, as
provided for in the first section OF
this act, IL tshall be the duty of the
administrator or executor of such
deceased partner, to have said in
ventory and appraisement made, in
accordance with the provisions Of
the first section Of this act.
Sec. 8. That it shall be lawful
for the surviving partner or part.
ners, with the consent of the ad-
ministrator or executor, and the
approval of the probate court by
which such administrator or exec
utor may have been appointed or
qualified, to take the assets of such
partnership at the appraised value
thereof, first deducting therefrom
the debts and liabilities of such
partnership, and upon his or their
giving to the administrator or ex-
ecutor ofsuch deceased partner his
or their promissory note, with good
and approved security for the pay
ment of the interest of such de-
ceased partner in said partnership
assets in nine months from the
time he or they shall so elect to
take said partnership assets: and,
provided further, that said surviv-
ing partner or partners shall give
bond and security to the admins
traitor or executor Of such deceased
partner, for the payment of the
debts and liabilities of such part
nership.
Sec. 4. This act to take effect
from and after it's passage.
ED. A. PARROTT,
Speaker pro tenn. Of the House of Repre-
sentatives.
JAMES MONROE,
President pro tenn. of the Senate.
AN ACT
Supplementary to San act making
certain instruments of writing
negotiable" passed February 25
1920.
SECTION 1. Be it enacted BY The
General Assembly Of the State Of
Ohio, That all bonds, notes and
bills, payable at a certain day after
date or after sight, made negotia-
BILE by the act to which this is sup
Elementary, shall be entitled to
three days grace in time of pay
ment.
Sec. 2. That the demand ofpay-
ment from the maker of any bond
or note, or of the drawee of any
bill of exchange on the third day
of grace given aforesaid, and no.
tice of non-payment thereof to the
indorser of any such bond, note or
bill, and the drawer of any such bill
within q reasonable time thereafter
shall be adjudged, due diligence
under the second section of the act
to which this is supplementary.
unless the Endorsement shall ex-
press in writing other conditions:
Provided, that when the third day
of grace shall be the first day of
the week, such demand shall be
made on the next preceding blsi-
ness day.
SEC. 8. That the following days,
namely, the first day of January,
the fourth day of July, the twenty
fifth day of December, and any
day appointed or recommended by
the governor of this state or
the president of the United
States as day of fast or thanks
giving, shall for all purposes what
soever as regards the presentment
for payment, or acceptance, and the
protesting orgivingnotice ofnon-ac-
ceptance ornon-paymento ofall bonds
notes and bills, made negotiable by
the act to which this is supplemental
ry, and falling due act this act takes
effect, be treated and considered as
the first day of the week: Provided,
that when the first day of January
or the fourth day of July, shall be
tnhs first day of the week, the sue
ceeding Monday shall also, for the
same purposes, be treated and con-
sidered as the first Day of the week.
Sec. 4. The act passed March
80, 1857, entitled can act supple
mentary to an act making certain
instruments of writing negotiable"
passed February rs, 1920, be and
the same is hereby repealed: Pro
uided, that nothing in this act shall
affect suits pending or rights ac-
quired before this act takes effect.
Sec. 5. This act shall take effect
on the second day of June, 1861.
ED. A. PARROTT,
Speaker pro tenn. of the House Of Repre-
sentatives.
JAMES MONROE,
President pro tenn. of the Senate.
Passed March 2S, 1861.