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

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paid by the drawcc, and provided also that it shall have been
duly presented for payment and protested for nonpamen and
notice of dishonor given to him.
SECTION 1896 Where bill payable after sight is accepted
for honor its maturity is calculated from the date the noting
for nonacceance and not from the date of the acceptance for
honor
r SECTION 49, Where dshonored bill has been accepted
for honor supra protest contains reference in of need
it must be protested for before it presented for
payment the accpor for honor referee in of need
SECTION 6S Pcsement for to the acccptOr for
honor must bc made as follows: ....r. ..
If to be presented in the place whore the protest for
nonpaymcnt made be presented later than the
day following its maturity; .."u..t a....
q If it be presented in other place than the place
where protested then it be forwarded within the
time specified in section one hundred and four.
SECTION 1G0. The provisions of section eghtyone apply
where there delay in making presenmen the accepor for
for honor or referee in case of need. .... .I
SECTION 100 When the bill is shonored by the accepto
for honor it must be protested for non-payment by him.
... IT, PAYMENT FOR HONOR
SECTION III Where bill has been protested for non-pay
men person intervene and supra protest for
the honor of liable thereon for the honor OF the
person for whose account it was drawn. 49,.
SECTION 72 The payment for honor supra protest in order
to operate such and voluntary payment must
be aecd by notaa act Of honor, which be appended
to the protest or form extension to it.
SECTION 49, The notara act Of honor must be founded
declaration made by the payer for honor by his agent in
that behalf declaring his intention pay the bill for honor
and for whose honor he pays.
SECTION Ia Where two persons offer to pay bill
for the honor of different parties the person whose payment
will discharge parties to the bill is he given the pref
&c..
SECTION l75 Where bill has been paid for honor all par
ties subsequent to the party for whose honor is paid dis
charged but the payer for honor subogated for and
ceeds both the rights and duties of the holder regards the
party for whose honor he and all parties liable to the latter
SECTION 176. Where the holder of bill refuses receive
payment supra protest. he loses his right of against
any party who would have been discharged by such payment
SECTION III The payer for honor paying to the holder
tho If IN
its dshonor entitled to receive both the bill itself and the
protest
..' BILLS IN SET
SECTION IFS. Where bill drawn in set each part Of
the set being numbered and containing reference to the other
parts the whole of the parts constitute one bill. ..
SECTION 49, Where two parts of a set nego
tiated different holders in due course the holder whose title
first between such holders the of the
BILL But nothing in this section affects the rights of peod
who in due accepts the part first presented him.
SECTION lSO Where the holder of set indorses two
parts to different persons he liable every such part and
every ndorser subsequent him is liable the part he has
himself indorsed if such parts separate bills.
SECTION 49, The acceptance may be written part
and must be written part only If the awee accepts
than part and such accepted parts negotiated
different holders in due course he is liable every such part
as If it separate bill. .. '. "
SECTION lS2. When the accepor of a bill drawn in set
pay without requiring the part bearing his acceptance he
delivered up him, and that part maturity is outstanding
in the hands of holder in due he is liable to the holder
thereon. .,.. 49,. a.
SECTION 49, Except herein otherwise provided where
any part of bill drawn in is discharged by payment
otherwise the whole bill is discharged
rRoMrssoRY CHECKS
SECTION ISL negotiable promissory note within the
meaning of this Act is unconditional promise in writing
made by person another signed by the maker engaging
pay demand at fixed detemnable future time,
certain in money to order bearer Where note
is drawn the makers order, it is complete until
Endorsed by him.
SECTION 1885, check bill of exchange drawn bank
payable demand Except herein otherwise provided the
provisions of this Act applicable bill of exchange payable
demand apply a check.
SECTION 1885, check be presented for payment with
in reasonable time after its issue the drawer will be dis
charged from liability thereon the of the loss caused
by the delay.
SECTION 1877. Where check is certified by the bank
which it drawn, the cerfcaon is equivalent accept
SECTION 1885, Where the holder of check procues to be