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" Where the instrument is not payable on demand, presentment must be made on the day it falls due. Where it is payable on demand, presentment must be made within a reasonable time after its issue... "
The Elements of Commercial Law - Sida 132
efter Henry William Disney - 1908 - 212 sidor
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American Law and Procedure, Volym 7

James Parker Hall, James De Witt Andrews - 1910 - 484 sidor
...(6). Thus the ordinary rule cannot apply to demand instruments. The NIL says that where the instrument "is payable on demand, presentment must be made within a reasonable time after its issue" (7). For example, X, the holder of a demand note made by A and indorsed successively by B, C, and D,...
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The Civil Code of the State of California: In Four Divisions, Compiled from ...

California - 1923 - 588 sidor
...the instrument is not payable on demand, presentment must be made on the day it falls due. Where it is payable on demand, presentment must be made within a reasonable time after its issue, except that in the case of a bill of exchange, presentment for payment will be sufficient if made within...
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Cases on Commercial Law: General Survey, Contracts, Agency, Bailments, Sales ...

Alfred William Bays - 1923 - 1612 sidor
...to avoid these injustices and inconsistencies. Professor Brannan suggests this amendment: "Where it greed to contribute, shall indorsement in order to charge the indorser, and in case of a bill of exchange presentment for payment...
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A Treatise on the Law of Defenses in Actions on Commercial Paper ..., Volym 2

Joseph Asbury Joyce, Howard Clifford Joyce - 1924 - 1260 sidor
...thereof.55 As To Demand Notes. The Negotiable Instruments Act also provides that: "Where it [the instrument] is payable on demand, presentment must be made within a reasonable time after its issue, except that in a case of a bill of exchange, presentment for payment will be sufficient if made within...
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Pitman's Business Man's Guide: A Handbook for All Engaged in Business

John Arthur Slater - 1924 - 640 sidor
...demand, presentment must be made on the day it falls due. (5) Where the bill is payable on de! mand, presentment must be made within a reasonable time after its issue in order to render the drawer liable, and within a reasonable time after its indorsement, to render the indorser...
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California Jurisprudence: A Complete Statement of the Law and ..., Volym 19

1925 - 1126 sidor
...installment.* §77. Instruments Payable on Demand. — The statute provides that where the instrument is payable on demand, "presentment must be made within a reasonable time after its issue, except that in the case of a bill of exchange, presentment for payment will be sufficient if made within...
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The Federal Reporter, Volym 234

1916 - 1096 sidor
...Ohio Negotiable Instruments Act (Gen. Code, Ohio, §§ 8176, 8297), declaring that, when an instrument Is payable on demand, presentment must be made within a reasonable time after Its issue, and what Is a reasonable time depends on the nature of the Instrument, or the usage of trade, the question...
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Putnam's Handy Law Book for the Layman

Albert Sidney Bolles - 1925 - 426 sidor
...indorsers. When the note is not payable on demand, presentment must be made on the day it falls due. When it is payable on demand, presentment must be made within a reasonable time after its issue. This rule does not apply to all bills of exchange. Thus unreasonable delay in presenting a check will...
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C.P.A. Law Questions (of the Board of Examiners, American Institute of ...

American Institute of Certified Public Accountants. Board of Examiners, John Charles Teevan - 1925 - 238 sidor
...the instrument is not payable on demand, presentment must be made on the day it falls due. Where it is payable on demand, presentment must be made within a reasonable time after its issue, except that in the case of a bill of exchange, presentment for payment will be sufficient if made within...
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The Negotiable Instruments Law Annotated with References to the English ...

Joseph Doddridge Brannan, Zechariah Chafee (Jr.) - 1926 - 1202 sidor
...the instrument is not payable on demand, presentment must be made on the day it falls due. Where it is payable on demand, presentment must be made within a reasonable time after its issue, except that in the case of a bill of exchange, presentment for payment will lie sufficient if made...
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