clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 299   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

ART. 13] ACCEPTANCE FOE HONOR, 299

1904, art. 13, sec. 178. 1898, Oh. 119.

178. Protest is dispensed with by any circumstances which would
dispense with notice of dishonor. Delay in noting or protesting is
excused when delay is caused by circumstances beyond the control of
the holder and not imputable to his default, misconduct or negligence.
When the cause of delay ceases to operate, the bill must be noted or
protested with reasonable diligence.

Ibid. sec. 179. 1898, ch. 119.

179. Where a bill is lost or destroyed, or is wrongly detained from
the person entitled to hold it, protest may be made on a copy or written
particulars thereof.

CHAPTER XIV—Acceptance of Bills of Exchange for Honor.

Ibid. sec. 180. 1898, ch. 119.

180. Where a bill of exchange has been protested for dishonor by
non-acceptance or protested for better security and is not overdue, any
person not being a party already liable thereon 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 honor 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 a further accept-
ance by a different person for the honor of another party.

Ibid. sec. 181. 1898, ch. 119.

181. An acceptance for honor supra protest must be in writing and
indicate that it is an acceptance for honor, and must be signed by the
acceptor for honor.

Ibid. sec. 182. 1898, ch. 119.

182. Where an acceptance for honor does not expressly state for
whose honor it is made, it is deemed to be an acceptance for the honor
of the drawer.

Ibid. sec. 183. 1898. ch. 119.

183. 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.

Ibid. sec. 184. 1898, ch. 119.

184. The acceptor for honor by such acceptance engages that he
will on due presentment pay the bill according to the terms of his
acceptance, provided it shall not have been paid by the drawee, and pro-
vided, also, that it shall have been duly presented for payment and
protested for non-payment, and notice of dishonor given to him.

Ibid. sec. 185. 1898, ch. 119.

185. Where a bill payable after sight is accepted for honor, it?
maturity is calculated from the date of the noting for non-acceptance,
and not from the date of the acceptance for honor.

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 299   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  November 18, 2025
Maryland State Archives