The Negotiable Instruments Law Annotated : With References to the English Bills of Exchange Act, And With the Cases Under the Negotiable Instruments Law, And the Bills of Exchange Act And Comments Thereon

Cover The Negotiable Instruments Law Annotated : With References to the English Bills of Exchange Act, And With the Cases Under the Negotiable Instruments Law, And the Bills of Exchange Act And Comments Thereon

The book The Negotiable Instruments Law Annotated : With References to the English Bills of Exchange Act, And With the Cases Under the Negotiable Instruments Law, And the Bills of Exchange Act And Comments Thereon was written by author Brannan, Joseph Doddridge, 1848-1930 Here you can read free online of The Negotiable Instruments Law Annotated : With References to the English Bills of Exchange Act, And With the Cases Under the Negotiable Instruments Law, And the Bills of Exchange Act And Comments Thereon book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Negotiable Instruments Law Annotated : With References to the English Bills of Exchange Act, And With the Cases Under the Negotiable Instruments Law, And the Bills of Exchange Act And Comments Thereon a good or bad book?

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C. 326, 55 S. E. 811.
Sec. 136. The drawee is allowed twenty-four hours after presentment, in which to decide whether or not he will accept the bill; but the acceptance, if given, dates as of the day of presentation.* e Not dn B. E. A.
T Not in B. E. A.
8 Not in B. E. A.
9 "Where a bill is duly presented for acceptance and is not accepted within the customary time, the person presenting it must treat it as dishonored by non-acceptance. If he do not, the holder shall lose his right of recourse a...gainst the drawer and indorsers." B. B. A. 3. 42.
THE NEGOTIABLE INSTRUMENTS LAW. 135 Sec. 137. Where a drawee to whom a bill is deliv- ered for acceptance destroys the same, or refuses within twenty-four hours after such delivery, or within such other period as the holder may allow, to return the bill accepted or non-accepted to the holder, he will be deemed to have accepted the same.^" The Illinois Act omits the provisions of this section.
The Wisconsin Act adds "Mere retention of the bill is not an acceptance.

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