LLOYD LOWNDES, ESQUIRE, GOVERNOR. 223

112. Effect where notice is given by party entitled thereto. 113. When agent may give notice. 114. When notice sufficient. 115- Form of notice. 116. To whom notice may be given. 117. Notice where party is dead. 118. Notice to partners. 119. Notice to persons jointly liable. 120. Notice to bankrupt. 121. Time within which notice must be given. 122. Where parties reside in same place. 123. Where parties reside in differ- ent places. 124. When sender deemed to have given due notice. 125. Deposit in post office; what constitutes.

126 Notice to subsequent parties; time of. 127. Where notice must be sent. 128. Waiver of notice. 129. Whom affected by waiver. 130. Waiver of protest. 131. When notice dispensed with. 132. Delay in giving notice ; how excused. 133. When notice need not be given to drawer. 134. When notice need not be given to indorser. 135. Notice of non-payment where acceptance refused. 136. Effect of omission to give notice of non-acceptance. 137. When protest need not be made; when must be made.

108. Except as herein otherwise provided, when a negotiable
instrument has been dishonored by non-acceptance or non-pay-
ment, notice of dishonor must be given to the drawer and to
each indorser, and any drawer or indorser to whom such notice
is not given is discharged.

109. The notice may be given by or on behalf of the holder,
or by or on behalf of any party to the instrument who might
be compelled to pay it to the holder, and who, upon taking it
up, would have a right to reimbursement from the party to
whom the notice is given.

110. Notice of dishonor may be given by an agent either in
his own name or in the name of any party entitled to give
notice, whether that party be his principal or not.

111. Where notice is given by or on behalf of the holder, it
enures 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.

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

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 give 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.