LLOYD LOWNDES, ESQUIRE, GOVERNOR. 235

181. An acceptance for honor supra protest must be in
writing and indicate that it is an acceptance for honor, and
must be signed by the acceptor for honor.

182. Where an acceptance for honor does not expressly
state for whose honor it is made, it is deemed to be an accept-
ance for the honor of the drawer.

183. The acceptor for honor is liable to the holder and to all
parties to the bill subsequent to the party for whose honor he
has accepted.

184. The acceptor of honor by such acceptance engages that
he will on due presentment pay the bill according to the terms
of his acceptance, provided it shall not have been paid by the
drawee, and provided, also, that it shall have been duly pre-
sented for payment and protested for non-payment, and notice
of dishonor given to him.

185. Where a bill payable after sight is accepted for honor,
its maturity is calculated from the date of the noting for non-
acceptance, and not from the date of the acceptance for honor.

186. Where a dishonored bill has been accepted for honor
supra protest, or contains a reference in case of need, it must
be protested for non-payment before it is presented tor pay-
ment to the acceptor for honor or referee in case of need.

187. Presentment for payment to the acceptor for honor
must be made as follows :

1. If it is to be presented in the place where the protest for
non-payment was made, it must be presepted not later than the
day following its maturity.

2. If it is to be presented in some other place than the place
where it was protested, then it must be forwarded within the
time specified in section 123.

188. The provisions of section one hundred apply where
there is delay in making presentment to the acceptor for honor
or referee in case of need.

189. When the bill is dishonored by the acceptor for honor,
it must be protested for non-payment by him.

CHAPTER XV.

PAYMENT OF BILLS OF EXCHANGE FOR HONOR.
Index to Chapter XV.

190. Who may make payment for 192. Declaration before payment
honor. for honor.

191. Payment for honor ; how made. 198. Preference of parties offering

to pay for honor.