492 ARTICLE 13

An. Code, 1924, sec. 159. 1912, sec. 159. 1904, sec. 159. 1898, ch. 119. .

159. An acceptance-to pay at a particular place is a general acceptance
unless it expressly states that the bill is to be paid there only and not
elsewhere.

An. Code, 1924, sec. 160. 1912, sec. 160. 1904, sec. 160. 1898, ch. 119.

160. An acceptance is qualified, which is:

1. Conditional—that is to say, which makes payment by the acceptor
dependent on the fulfillment of a condition therein stated;

2. Partial—that is to say, an acceptance to pay part only of the amount
for which the bill is drawn;

3. Local—that is to say, an acceptance to pay only at a particular place;

4. Qualified as to time;

5. The acceptance of some one or more of the drawees, but not of all.

An acceptance of an order "to be paid in thirty days from the date of the final
completion of said work in accordance with the provisions of the contract," is con-
ditional. Meaning of "conditional" acceptance. Crane Co. v. Druid Realty Corp., 137
Md. 330.

"Accepted for payment" followed by "as per Reolo contract" qualified acceptance by
making it conditional upon performance of contract. Int. Finance Corp. v. Calvert
Drug Co., 144 Md. 314.

An. Code, 1924, sec. 161. 1912, sec. 161. 1904, sec. 161. 1898, ch. 119.

161. The holder may refuse to take a qualified acceptance, and if he
does not obtain an unqualified acceptance he may treat the bill as dis-
honored by non-acceptance. Where a qualified acceptance is taken, the
drawer and indorsers are discharged from liability on the bill, unless they
have expressly or impliedly authorized the holder to take a qualified ac-
ceptance, or subsequently assent thereto. When the drawer or an indorser
receives notice of a qualified acceptance, he must, within a reasonable .time,
express his dissent to the holder, or he will be deemed to have assented
thereto.

CHAPTER XII.—Presentment of Bills of Exchange for Acceptance.

An. Code, 1924, sec. 162. 1912, sec. 162. 1904, sec. 162. 1898, ch. 119.

162. Presentment for acceptance must be made:

1. Where the bill is payable after sight, or in any other case where pre-
sentment for acceptance is necessary in order to fix the maturity of the in-
strument; or

2. Where the bill expressly stipulates that it shall be presented for ac-
ceptance; or

3. Where the bill is drawn payable elsewhere than at the residence or
place of business of the drawee.

In no other_r ca.se is presentment for acceptance necessary in order to
render any parity, to the bill liable.

An. Code, 1924, sec. 163. 1912, sec. 163. 1904, sec. 163. 1898, ch. 119.

163. Except as herein otherwise provided, the holder of a bill which
is required by the next preceding section to be presented for acceptance
must either present it for acceptance or negotiate it within a reasonable
time. If he fail to do so, the drawer and all indorsers are discharged.