The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1893-06-28

The new act providing FOR legal holidays
and half-holidays passed By tire legislature
at its recent session is nos in force, says the
Philadelphia Record, having been approved
by Governor Pattison.
The law designa;es New Years day,
washington's birthday, Good Friday, Ne
mortal day May 3o), the Fourth Of July,
Labor day (the First Saturday in sepiember)
Election day the first Tuesday after the first
Monday in November,) Christmas. Thanks
giving day, as designated BY the president,
and every Saturday after y o'clock, as holi-
days OF half-holidays. Each of these holi-
days and halfholidays under the act is to be
treated and considered as the first day ofthe
week, known as Sunday. for all purposes re-
garding the presentation for payment or ac-
cepianee and for the protest and giving of
notice of dishonor Of bills of exchange,
checks, drafts, and promissory notes made
after the passage of the act. For all other
purposes these days and half days designa-
ted as legal holidays are regarded as secular
or business days.
notice OF dishonor Of bills Of exchange, etc,
the act makes an important change from the
old law Heretofore the Old law has been
that when commercial paper fell due ion It's
face on Sunday or a legal holiday it would
legally fall due on the next preceding secu-
lar day which was not holiday For in
stances, such an obligation falling due on its
face on a Sunday or a Monday which was a
holiday would legally fall due on Saturday
or if such Saturday should happen to be a
holiday ii would fall due on Friday. The
present law makes such an obligation fall
due on the succeeding or subsequent day il
such subsequent day be not a holiday. If
such obligation be due on Saturday, the
Saturday being holiday, 1t falls due on
Monday or if Monday be also holiday it
legally falls due on Tuesday.
The provisions respecting the Saturday
halfholidays specified in the act are that
checks, drafts, bill Of exchange and promis-
sorry notes payable at sight or on demand
which would otherwise be payable on any
halfholiday Saturday shall be deemed to be
payable at or before L o'clock of such half
holiday; but for the purpose of protestin
or otherwise holding liable any party bills
of exchange checks, drafts or promissory
notes which shall not have been paid before
u oclock a demand for acceptance or pay
ment shall not be made, and notice of pro-
test or dishonor thereof shall not be given,
until the next succeeding secular or business
day. The act provides that ell these half
holidays designated as legal holidays shall
be regarded as secular or business days for
all other purposes than those referred TO.
The act also provides that when New
Years day, Washington's birthday the
Fourth of July or Memorial day shall occar
on Sunday, the following day. Monday, shall
be deemed public holiday and all bills of
exchange, checks, drafts. etc, due on any Of
the Mondays so observed shall be due and
payable on the next succeeding secular or
business day. And such Mondays shall for
all purposes relating to the presentation for
payment or acceptance and to the protesta-
tion and giving of notice of the dishonor of
bills of exchange etc, be treated as sun
days.
When Memorial day falls on Sunday the
day preceding it, Saturday, is to be observed
as holiday, and checks. drafts, bills OF ex-
change due ion their face on such Satur-
day are legally due on the next subsequent
secular day.