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Supplement to the Code of Public General Laws of Maryland, 1898
Volume 391, Page 51   View pdf image (33K)
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ART. 13] PROTEST OF BILLS. 51
CHAPTER XIII—Protests of Bills of Exchange.

171. Where a foreign bill appearing on its face to be such is
dishonored by non-acceptance, it must be duly protested for non-
acceptance, and where such a bill which has not previously been
dishonored by non-acceptance is dishonored by non-payment, it
must be duly protested for non-payment. If it is not so pro-
tested, the drawer and indorsers are discharged. Where a bill
does not appear on its face to be a foreign bill, protest thereof in
case of dishonor is unnecessary.

172. The protest must be annexed to the bill, or must contain
a copy thereof, and must be under the hand and seal of the
notary making it, and must specify:

1. The time and place of presentment;

2. The fact that presentment was made and the manner
thereof;

3. The cause or reason for protesting the bill;

4. The demand made and the answer given, if any, or the fact
that the drawee or acceptor could not be found.

173. Protest may be made by:

1. A notary public; or

2. By any respectable resident of the place where the bill is dis-
honored, in the presence of two or more credible witnesses.

174. When a bill is protested, such protest must be made on
the day of its dishonor, unless delay is excused as herein pro-
vided. When a bill has been duly noted, the protest may be
subsequently extended as to the date of the noting.

175. A bill must be protested at the place where it is dis-
honored, except that when a bill drawn payable at the place of
business or residence of some person other than the drawee, has
been dishonored by non-acceptance, it must be protested for non-
payment at the place where it is expressed to be payable, and no
further presentment for payment to, or demand on, the drawee is
necessary.

176. A bill which has been protested for non-acceptance may
be subsequently protested for non-payment.

 

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Supplement to the Code of Public General Laws of Maryland, 1898
Volume 391, Page 51   View pdf image (33K)
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