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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 485   View pdf image (33K)
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BILLS OF EXCHANGE AND PROMISSORY NOTES 485

An. Code, 1924, sec. 111. 1912, see. 111. 1904, sec. 111. 1898, ch. 119.

111. Where notice is given by or on behalf of the holder, it endures for
the benefit of all subsequent holders and all prior parties who have a
right of recourse against the party to whom it is given.

An. Code, 1924, sec. 112. 1912, sec. 112. 1904, sec. 112. 1898, ch. 119.

112. Where notice is given by or on behalf of a party entitled to give
notice, it endures for the benefit of the holder and all parties subsequent
to the party to whom notice is given.

An. Code, 1924, sec. 113. 1912, sec. 113. 1904, sec. 113. 1898, ch. 119.

113. Where the instrument has been dishonored in the hands of an
agent, he may either himself give notice to the parties liable thereon, or
he may give notice to his principal. If he gives notice to his principal, he
must, do so within the same time as if he were the holder, and the principal,
upon the receipt of such notice, has himself the same time for giving notice
as if the agent had been an independent holder.

An. Code, 1924, sec. 114. 1912, sec. 114. 1904, sec. 114. 1898, ch. 119.

114. A written notice need not be signed and an insufficient written
notice may be supplemented and validated by verbal communication. A
misdescription of the instrument does not vitiate the notice unless the
party to whom the notice is given is in fact misled thereby.

An. Code, 1924, sec. 115. 1912, sec. 115. 1904, sec. 115. 1898, ch. 119.

115. The notice may be in writing or merely oral, and may be given

in any terms which sufficiently identify the instrument, and indicate that it

has been dishonored by non-acceptance or non-payment. It may in all cases

be given by delivering it personally or through the mails.

This section applied in Wolf v. Union Trust Co., 150 Md. 388. (See notes to sec. 124).

An. Code, 1924, see. 116. 1912, sec. 116. 1904, sec. 116. 1898, ch. 119.

116. Notice of dishonor may be given either to the party himself or
to his agent in that behalf.

An. Code, 1924, sec. 117. 1912, sec. 117. 1904, sec. 117. 1898, ch. 119.

117. When any party is dead, and his death is known to the party
giving notice, the notice must be given to a personal representative, if
there be one, and if, with reasonable diligence he can be found. If there
be no personal representative, notice may be sent to the last residence or
last place of business of the deceased.

An. Code, 1924, sec. 118. 1912, sec. 118. 1904, sec. 118. 1898, ch. 119.

118. Where the parties to be notified are partners, notice to any one
partner is notice to the firm, even though there has been a dissolution.

An. Code, 1924, sec. 119. 1912, sec. 119. 1904, sec. 119. 1898, ch. 119.

119. Notice to joint parties who are not partners must be given to
each of them, unless one of them has authority to receive such notice f or

the others.


 

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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 485   View pdf image (33K)
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