The Montgomery advertiser., 1907-08-29
ted or protested with reasonable

 diligence.
 Sec. 16o. Where bill is lost or destroyed or Is wrongfully detained from the person entitled to hold It, protest may be made on copy or writ ten particulars thereof.
 Sec. 161 where bin of exchange has been protested for dlshonor by non acceptance or protested for bet ter security. if Is not overdue. any person not being party already iia- ble theron, may, with the consent of the holder. intervene and accept the bill supra protest for the honor of any party liable thereon or for the honor of the person for whose account the bill is drawn. The acceptance for hon. or may be for part only of the sum for which the bill is drawn, and where there has been an acceptance for honor for one party. there may be further acceptance by a different person for the honor of another party.
 Sec. 1892 An acceptance for honor supra protest must be in writing and indicate that it is an acceptance for honor, and must beVsigned by the ac- ceptor for honor.
 Sec. I63 Where an acceptance for honor does not expressly state for honor 1t is made. 1t Is deemed to be an acceptance for the honor of the drawer.
 Sec. 1s4. The acceptor for honor is liable- to the holder and to all parties to the bill subsequent to the party for whose honor he has accepted.
 Sec. 165. The acceptor for honor by such acceptance engages that he win on due presentment pay the bill ac- cording to the terms of his acceptance, provided it shall not have been paid hy the drawee, and provided also, that 1t shall have been duly presented for payment and protested for non-pay- ment and notice of dishonor given to him.
 Sec. 1ss When bill payable after sight is accepted for honor its ma turity is calculated from the date of the noting for non-acceptance and not from the date of acceptance for honor.
 Sec. 167. Where dishonored bill has been accepted for honor supra pro- test or contains reference in case of need 1t must be protested for non- payment before 1t Is presented for pay nlent to the acceptor for honor or ref cree in case of, need.
 Sec. 16s. Presentment for payment to the acceptor for honor must be made as follows: 1. If 1t is to be presented in the place where the protest for non payment was made. 1t must be pre- sented not later than the day follow ing it's maturity. 2. If 1t is to be pre- scented in some other place where 1t was protested. then 1t must be forwarded within the time specified in Section lO4.
 Sec. 169. The provisions of Section sf apply where there is delay in mak- ing the presentment to the acceptor for honor or referee in casa of need.
 Sec ITO. When the bill is dishonored by the acceptor for honor 1t must be protested for non-payment by him.
 Sec. I'll. Where a bill has been pro- tested for non-payment, any person may intervene and pay it supra protest for the honor of the person for whose account it was drawn.
 Sec. 172. The payment for honor su- pra protest in order to operate as such and not as a mere voluntary payment must be attested by & notarlal act Of honor which may be appended to the protest or form an extension to 1t.
 Sec. ga. The notarial act of honor must be founded on a declaration made by the payer for honor or by his agent in that behalf declaring his intention to pay the bill for honor ana not Tor whose honor he pays.
 Sec. 174. Where two or more per- sons offer to pay a bin for the honor of different parties the person whose payment will discharge most parties to the bill is to be given the preference,
 Sec. 175. Where bill has been paid for honor all parties subsequent to the party for whose honor it was paid are discharged, but the payer for honor IS Rubrogated for, and succeeds to, both the rights and duties of the holder as regards the party for whose honor he pays and all parties liable to the laT- ter.
 Sec. 17s. Where the holder of Till refuses to receive payment supra Lso- rierht of raHnnrSA against any party who would have been discharged by such payment.
 Sec. 177. The payer for honor on pay ing to the holder the amount of the bill and the notarial expenses incidental to it's dishonor, is entitled to receive both tle bill and the protest.
 Sec. IFS. Where a bill is drawn in a set each part of the set being number ed and containing a reference to the other parts, and the whole of the parts constitute one bill.
 Sec. 179. Where two or more parts of a set are negotiated to different holders whose title first accrues Is as between such holders the true owner of the bill. But nothing in this section effects the rights of a person who In due course accepts or pays the part first presented to hin-
 Sec. 1S0. Where the 'holder of set indorses two or more parts to different persons he is liable on every such part, and every indorser subsequent to him is liable on the part he has himself in- dorsed, as if such parts were separate bills.
 sec. 1s1. The acceptance may be writ ten on any part and It must be writ ten on one part only. If the draWee accepts more than one part and such accepted parts are negotiable to differ ent holders 4.l due course, he Is liable on every such part as if 1t were a sep arate bill
 Sec. 1s2. when the acceptor of bill drawn in a set pays it without reduir- ing the part bearing his acceptance to be delivered up to. him. and that part at maturity is outstanding in the hands of the holder in due course, he is liable to the holder thereof.
 Sec. 1S3. Except as herein otherwise provided where any one part of bill drawn in a set Is discharged by pay ment or otherwise. the whole bill Is discharged.
 Sec. 1S4. A negotiable promissory note within the meaning of this Act is an unconditional promise in writ Ing made by one person to another, signed by the maker engaging to pay on demand or at a fixed or determinable future time, a sum certain in money to order or to bearer. Where q note ia drawn to the makers own order 1t is not complete until indorsed by him.
 Sec. 1855. A check is a bill of ex- change drawn on bank payable on demand. Except as herein otherwise provided, the provisions of this Act are applicable to bill of exchange pay able on demand apply to a check.
 See 1s6. A check must be presented
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