St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1913-05-02
NOTICE OF p1sHoNoR.

Or ReMSi MUST Be G1fVEN.) Except as herein 9TH
erw1se provided, when a negotiable instrument
payment, notice Of dishonor must be given
to the drawer and to each indorser. and any
drawer or indorser to whom such notice Is
I Sec. @.1(BY WHOM a1vEN.s The notice
may be, given by Or Or on behalf Of the holder.
strument who might be compelled to pay 1t
to the holder, and who upon taking. it UP
would have q right to reimbursement from
ths se party S. to EaS# e G EWES Is B gwen AGENT,
Notice of dishonor may be given by an agent
party entitled to give notice, whether that
pa sty 6 sh his RFlneiPa AZ Or N6 get: GIVEN IN
BR Sffi OF Ef MoIDnR Is Were W1n!o notice S.y IS given VEN
by or On behalf of the holder, 1t enures for the
benefit Of all subsequent holders ana all prior
GIVEN BY PARTY ENTITLED THBREro.5
party entitled to to give notice, 1t ensres for the
benefit of the holder and all parties subsequent
to s tas ga5ty VI # Es94 aa RH5ifs MA Eiye Give NO.
lTICE) Where the instrument has been dishon-
ored In the hands Of an agent he may. either
or or" he NAV awe give Vo' notice to ut to g his ps,n aapas en1 IS Ss
gives notice to his principal he must do so
within the same time. as If he were the holder.
notice himself the same time for giving notice
as If tho agent had been an Independent
Sec. s5.-(wHEN NOTICE SUFFICIENTLY A
written notice need not be signed, and an in.
sufficient written notice may be supplemented
Vitae the notice. unless the party 9 to whom
th Sec e0t 5sH i 6iyMsP il s. II R6 5aft R]s'ea &n ths sotlss;
may be in writing or merely ORAL ana may be
given in any terms which sufficiently identity
the instrument, and indicate that 1t has been
dishonored by nonacceptance Or n~onpayment.
1t may in all cases be given by delivering it
peE gea' 5z.@ Or s5Fe WHOM M % oHicn May BE
either to the party himself az to his agent in
Sec. es.-MoT1cE WHERE PARTY IS
|DEAD) When any party is dead. and his death
n 'fb.lRs e b GIVEN en. to ana e p s94h re COMMEMORATIVE sp9nsn 1s tive.
eenee he can b found: i there be nc: per
the last residence or last place Of business Of
'n Sec se ee.@eNor1cp TO pAnrNnRsy wner,
the parties to be notified are partners, notice to
any one partner is notice to the firm even
thss ss: 15 there RoS sssn 70 { d pESg1%s NJ
partner, must be given to Zach Ct them unless
f0 5e ehe lc sthe5si TO sAnKRurn. Where
insoIvent, OF mas made an assignment for the
benefit OF creditors, notice may BE- given eth:
er to tho party himself or to hD trustee or
Sec: l02:-TIMn WITHIN WHICH NOTICE
MUST Be GIvEN.) Notice may be given as
soon as the instrument is ~dishonored; and I'M
less delay Is excused as hereinafter provided,
must be given within the times hxed by this
act.
SEQ. 1oa.-wHERD PARTIES RESIDE IN
SAME PLACEA) Where the person giving and
the person to receive notice reside In the same
place, notice must be given within the fol
lowing times:
|. ~ If given at tho place Of business Of the
|person to receive notice. 1t must DO given be-
fore the close Of business hours on the day
following:
.. g i sslSs :!s1t n st a' a': ' sssss 81, It 4s.s Ts ss the be
() II sent by mail It must be deposited in
the postof1ce in time to reach him in usual
course on the following day: -
Sec.' 14.-CWHERE PARTIES RESIDE IN
DIFFERENT PLACEs.) Where the person CIV
ing and the person to receive notice reside in
different places, the notice must be given
within the following times;
~ If sent by mail it must be deposited In
the Npostof1ice in time to go by mail the day
: following the day Of dishonor, or Il there be