232 LAWS OF MARYLAND.

one has authority to accept or refuse acceptance for all, in
which case presentment may be made to him only;

2. Where the drawee is dead, presentment may be made to
his personal representative ;

3. Where the drawee has been adjudged a bankrupt or an
insolvent, or has made an assignment for the benefit of credit-
ors, presentment may be made to him or to his trustee or
assignee.

165. A bill may be presented for acceptance on any day on
which negotiable instruments may be presented for payment
under the provisions of sections ninety-one and one hundred
and four of this Article. When Saturday is not otherwise a
holiday, presengnent for acceptance may be made before twelve
o'clock noon on that day.

166. Where the holder of a bill drawn payable elsewhere
than at the place of business or the residence of the drawee,
has not time, with the exercise of reasonable diligence, to pre-
sent the bill for acceptance before presenting it for payment
on the day that it falls due, the delay caused by presenting the
bill for acceptance before presenting it for payment is excused,
and does not discharge the drawers and indorsere.

167. Presentment for acceptance is excused, and a bill may
be treated as dishonored by non-acceptance, in either of the
following cases:

1. Where the drawee is dead, or has absconded, or is a ficti-
tious person, or a person not having capacity to contract by bill;

2. Where after the exercise of reasonable diligence, present-
ment cannot be made;

3. Where although presentment has been irregular, accept-
ance has been refused on some other ground.
168. A bill is dishonored by non-acceptance :

1. When it is duly presented for acceptance, and such an
acceptance as is prescribed by this Article is refused or cannot
be obtained;

2. When presentment for acceptance is excused and the bill
is not accepted.

169. Where a bill is duly presented for acceptance and is
not accepted within the prescribed time, the person presenting
it must treat the bill as dishonored by non-acceptance or he
loses the right of recourse against the drawer and indorsers.

170. When a bill is dishonored by non-acceptance, an imme-
diate right of recourse against the drawers and indorsers