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SURETY-continued.

discharge of, 81,204

his liability, 203

release of one, does not discharge others, 205
implied promise of indemnity to, 205

SURETYSHIP,

contract on bill is one of, 76

TIME,

of payment when none specified, 44

calculating, of maturity of instrument, 49-51
of material alteration, 130

See Reasonable Time.

TRADING COMPANY

may bind itself by note or bill, 59

TRANSFER,

See Delivery-Indorsement-Negotiation.
TRANSFER OF PROPERTY ACT (IV of 1882.)
reference to in text, 2

UNCONDITIONAL,

negotiable instruments must be, 13,19,20

USAGE,

saving of, as to hundis, 1

cannot prevail if opposed to positive law, 3,6

if universal, entitled to prevail, 4

that payment of forged hundi not a discharge, 4,5

when and how attaches to written contracts, 5

cannot over-ride terms of contract, 6

when no proof of, act will apply, 7

to be considered when determining what is reasonable time, 166

"VALUE RECEIVED,"

meaning of words, 177

WAIVER,

of presentment for payment, 117,118

of notice of dishonor, 154,157

WANT OF CONSIDERATION,

See Consideration.

WANT OF EFFECTS,

when excuses necessity to give notice of dishonor, 154,155

WIFE,

when may make, &c., valid negotiable instrument, 54,55
may be agent, to receive notice of dishonor, 148

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