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

to the of his acceptance provided shall have been
paid by the drawcc, and provided ALSO that il shall have been
duly presented for payment and protested for nonamen and
notice of dsIonor given to him.
SECTION 1866 Where bill payable after sight is accepted
for honor its maturity is calculated from the date of the noting
for nonacceptancc and from the date of the acceptance for
honor.
SECTION 1G7. Where dhonorcd bill has been accepted
for honor supra protest contains reference in of need
it must be protested for before it presented for
payment to the accpor for honor referee in of need
SECTION GS Presennen for to the acceptor for
honor must be made as follows:
L. If it be presented in the place where the protest for
nonpaymcn made be presented later than the
day following its maturity;
2 If it is to be presented in other place than the place
where it protested then it he forwarded within the
time specified in section one hundred and four.
SECTION 1G0 The provisions of section eghtyone apply
where there is delay making presenmen to the accepor for
for honor o. referee in of need.
SECTION 100 When the bill is dshonorcl by the acceptor
for honor be protested for nonpaymcnt by him.
SECTION III. Where bill has been protested for nonpay
lmen person may intervene and pay supra protest for
the honor of person liable thereon for the honor of the
person for whose account it drawn.
SECTION 112 The payment for honor protest in order
TO operate such and voluntary payment must
be atetcd by noara of honor which be appended
to the protest or form extension to it.
SECTION l73. The notaral of honor he founded
declaration made by the payer for honor by his agent in
that behalf declaring his intention pay the bill for honor
SECTION ia. Where persons offer pay bill
for the honor of different parties the person whose payment
will discharge parties the bill is he given the pref
SECTION 49, Where bill has been paid for honor all par
ties subsequent the party for whose honor is paid dis
charged but the for honor subrogatcd for and
cces both the rights and duties of the holder regards the
for whose honor he and all parties liable to the latter
SECTION 49, Where the holder of bill refuses receive
payment supra protest he loses his right of recourse against
party who would have been discharged by such payment.
SECTION III The payer for honor paying to the holder
the of the bill and the notara expenses incidental
its dishonor is entitled to receive both the bill itself and the
protest
SECTION IFS. Where bill is drawn in a set each part OF
the set being numbered and containing reference to the other
parts, the whole of the parts constitute one bill.
SECTION 1Io. Where parts of a nego
ate to different holders in due the holder whose title
first between such holders the of the
bill But nothing in this section affects the rights of person
who in due accepts the part first presented him.
SECTION 1SO Where the holder of inlorses
parts different persons he is liable every such part and
every indorser subsequent him is liable the part he has
himself Endorsed, as if such parts separate bills.
SECTION ISL. The acceptance he written any part
and must be written part only If the dawee accepts
more than part and such accepted parts negotiated to
different holders in due course he is liable every such part
as if it were a separate BILL
SECTION 1872. When the acceptor of bill drawn in set
pays without requiring the part bearing his acceptance be
delivered to him. and that part at maturity is outstanding
in the hands of holder in due course he is liable the holder
SECTION 1s3 Except herein otherwise provided where
any part of bill drawn in a discharge by payment
otherwise the whole bill is discharged
pRoMIssORY NOTES CHECKS.
SECTION 1874. A negotiable promssory 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 decrminable future time,
certain in money order bearer. Where Il
is drawn the makers ordcr it complete until
Endorsed by him.
SECTION 1s5. check bill of exchange drawn bank
payable demand Except herein otherwise provided the
provisions of this Act applicable bill of exchange payable
demand apply to check
SECTION 1856 check must be presented for payment with
reasonable time after its issue the drawer will be dis
charged from liability thereon to the extent of the loss caused
by the delay.
SECTION 1877. Where check is certified by the bank
which it is drawn the ccrtcaton is equivalent accept