Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-04-24

behalf the holder reasonable hour on business day
and before the bill overdue, the drawcc person
authorized refuse acceptance his behalf and
L. Where bill is addressed to drawees who
net partners picsentmcn bc made them ALL unless
has authority accept refuse acceptance for ALL in which
case presentnent may he made to him only
2 Where the rawcc is dead, prcscnmcnt be made to
his personal representatives ...a.
B. Where the drawcc has been adiulgcd bankrupt.
nsovent has made assignment for the benefit of creditors
presenment may he made to him, his assignee
SECTION 146. bill may be presented for acceptance
any day on which negotiable instruments be presented for
under the provisions of Section ~ and 50 of this Act
When Saturday is otherwise holiday, presenmen for
acceptance be made before twelve o'clock that day.
Section AZ Where the holder of bill drawn payable else
whcr" than at the place of business the residence of the
dawce has not time with the exercise Of reasonable diligence
TO present the bill for acceptance before presenting for pay
the day that falls due the delay caused by presenting
the bill for acceptance before presenting for payment is
cuscd and does not discharge the drawers and inorers
SECTION AS Pccnmcnt for acceptance is excused and
bill b treated dshonorcd BY nor.acccpancc in either
of the following eases:
/. Where the drawcc is dead has absconde,l or
fictitious person or person not having capacity to contract by
. Where after the exercise of reasonable diligence present
cannot be made
D. Where although prcscnmcn has been irregular, accept
ance has been refused other ground
SECTION 49, A bill is dsllonorcd by non-acccptancc;
/. When it is duly presented for acceptance and such
acceptance prescribed by this Act is refused cannot be
obtained
. When prcscnmcn for acceptance is excused and the bill
is not accepted
SECTION 800 Where bill is duly presented for acceptance
and is accepted within the prescribed time, the person pre-
senng must treat the bill donorcl by noncompliance,
he loses the right of against the drawer and norcr
SECTION l5l. When bill is dishonorcd by acceptance,
immediate right of against the drawers and ndocrs
to tn" holder and proscnmcmt for payment
cssary. 70, '"''' - -
SECTION Where foreign bill appearing its face
be such donorcd by nonacceance must be duly
tested for and where such bill which has not
previously been dishonod by nonaccpance dshonocd by
nonpaymcnt it must he duly protested for nonpaymcnt If
protested the drawer and norscrs discharged.
Where bill does not appear its face to he forc bill,
protest thereof in of dishonor is unnecessary.
SECTION 1913. The protest must be annexed to the bill,
contain Il copy thereof, and be under the hand
and seal of the notary making it, and must specify
|. The time and place of prescnment; ." .'' ''.
. The fact that prcscntmcn made and the manner
thereof;
3. The or for protesting the bill
t. The demand made and the given if any, the
fact that the irawee acccptor could not hc found
SECTION l54. Protest may bc made by,
|. notary publicor
. BY any respectable resident of the place where the bill
is dshonorcd in the presence of credible Witnesses
SECTION l55 When bill is protested such protest must be
made the day of its dishonor unless delay excused
herein provided When bill has been duly noted the protest
pay be subsequently extended as of the date of tn noting
SECTION 1916 A bill must be protested the place where
it is disonorcd, except that when bill drawn payable at the
place of business residence of other than the
drawcc has been dshonorcd by nonacccpmcc be pro-
tested for nonaymcnt the place where is expressed be
payable and further pcscnment for payment demand
the drawce is necessary.
SECTION l51. bill which has been protested for nonacccp
may be subsequently protested for non-payment
SECTION 1885, Where the accepor has been admged bank
p nsovent, has made assignment for the benefit
of creditors, before the bill natures the holder may the
bill to be protested for better security against the drawer and
injorscr. .",'.,'
SECTION $50. Protest is dispensed with by any circumstances
which would dispense with notice of dshonor Delay in noting
protesting is excused when delay is caused by circumstances
beyond the control of the holder and immtabc his deu
misconduct negligence When the of delay
operate the bill must be noted protested with reasonable dill
gencc
SECTION 1867 When bill is lost DESTROYED or is wrongly
detained from the person entitled to hold it, protest be
made Il copy written particulars thereof. '
"a ACCEPTANCE FOR HONOR.
SECTION 1Gl. Where bill of exchange has been protested
for dhonor by nOnacccpancc protested for better security,