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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 300   View pdf image (33K)
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300 BILLS OF EXCHANGE AND PROMISSOEY NOTES. [ART. 13

1904, art. 13, sec. 186. 1898, ch. 119.

186. Where a dishonored bill has been accepted for honor supra
protest, or contains a reference in case of need, it must be protested for
non-payment before it is presented for payment to the acceptor for
honor or referee in case of need.

Ibid. sec. 187. 1898, ch. 119.

187. Presentment for payment to the acceptor for honor must be
made as follows :

1. If it is to be presented in the place where the protest for non-
payment was made, it must be presented not later than the day follow-
ing its maturity;

2. If it is to be presented in some other place than the place where
it was protested, then it must be forwarded within the time specified
in section 123.

Ibid. sec. 188. 1898, ch. 119.

188. The provisions of section one hundred apply where there is
delay in making presentment to the acceptor for honor or referee in
case of need.

Ibid. sec. 189. 1898, ch. 119.

189. When the bill is dishonored by the acceptor for honor it must
be protested for non-payment by him.

CHAPTER XV—Payment of Bills of Exchange for Honor.

Ibid. sec. 190. 1898, ch. 119.

190. Where a bill has been protested for non-payment, any person
may intervene and pay it supra protest for the honor of any person
liable thereon, or for the honor of the person for whose account it was
drawn.

Ibid. sec. 191. 1898. ch. 119.

191. The payment for honor supra protest in order to operate as
such, and not as a mere voluntary payment, must be attested by a
notarial act of honor which may be appended to the protest or form an
extension to it.

Ibid. sec. 192. 1898, ch. 119.

192. The notarial act of honor must be founded on a declaration
made by the payer for honor or by his agent in that behalf, declaring
his intention to pay the bill for honor and for whose honor he pays.

Ibid. sec. 193. 1898. ch. 119.

193. Where two or more parties offer to pay a bill for the honor of
different parties, the person whose payment will discharge most parties
to the bill is to be given the preference.

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 300   View pdf image (33K)
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