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" Every negotiable instrument is payable at the time fixed therein without grace. When the day of maturity falls upon Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments falling due on Saturday are to be presented... "
Supplement to the Revised Statutes of the United States: Volume 2 ... - Page 1773
by United States - 1901 - 2037 pages
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Acts of the Legislature of West Virginia

West Virginia - 1907 - 710 pages
...therein without grace. When the day of maturity falls upon Sun• day, or a holiday, the instrument is payable on the next succeeding business day ; instruments...on Saturday when that entire day is not a holiday. .Sec. 86. Where the instrument payable at a fixed period after date, after sight, or after the happening...
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Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1907 - 406 pages
...fixed therein without grace. When the day of maturity falls upon Sunday or a holiday, the instrument is payable on the next succeeding business day. Instruments...be presented for payment before twelve o'clock noon or Saturday when that entire day is not a holiday. Sec. 86. Where the instrument is payable at a fixed...
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Law of Defenses in Actions on Commercial Paper: Including the ..., Volume 1

Joseph Asbury Joyce - 1907 - 1244 pages
...instrument is payable on the next succeeding business day. Instruments falling due or becoming payable on Saturday are to be presented for payment on the...on Saturday when that entire day is not a holiday. 50 If, having in view the days of grace, the presentation for payment, protest, and notice of dishonor...
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Report of the Board of Statutory Consolidation: Insurance law to Partnership law

New York (State). Board of Statutory Consolidation - 1907 - 1252 pages
...instrument is payable on the next succeeding business day. Instruments falling due or becoming payable on Saturday are to be presented for payment on the...presented for payment before twelve o'clock noon on Saturdav •when that entire day is not a holiday. [As amended by L. 1898, Ch. 336, § 13.] § 146....
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Report on the Negotiable Instrument Law to the Minnesota Bankers Association

Minnesota Bankers Association. Negotiable Instrument Law Committee - 1907 - 24 pages
...shall be severally liable also for the full amount thereof." 16. Section 85 provides that instruments due on Saturday are to be presented for payment on...demand may, at the option of the holder, be presented before noon on Saturday. It also abolishes grace in all cases, whereas section 2746 Rev. Laws 1905...
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Reports of Cases Decided in the Appellate Court of the State of ..., Volume 38

Indiana. Appellate Court - 1907 - 838 pages
...on the next succeeding business day. Also that negotiable instruments falling due on Saturday shall be presented for payment on the next succeeding business...option of the holder, be presented for payment before 12 o'clock noon on Saturday when that entire day is not a holiday. State w. Shelton— 38 Ind. App....
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Laws

Illinois - 1907 - 644 pages
...time fixed therein without grace. When a day of maturity falls on Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments falling due on Saturday are to be presented for paymerit on the next succeeding business day, except that instruments payable on demand may, at the...
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Acts of the General Assembly of the State of Alabama

Alabama - 1907 - 1034 pages
...fixed therein without grace. When the day of maturity falls upon Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments falling due on Saturday are to be presented for paym(>ui on the next succeeding business day, except that instruments payable on demand may, at the...
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Richardson's Commercial Law: A Text-book for Schools, Colleges and Private ...

William Payson Richardson - 1907 - 204 pages
...due on Saturday is to be presented for payment on the next succeeding business day, except that paper payable "on demand" may, at the option of the holder, be presented for payment before 12 o'clock noon on Saturday when the entire day is not a legal holiday. 377. Time; How Computed. —...
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - 1908 - 276 pages
...fixed therein without grace. When the day of maturity falls upon Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments...on Saturday when that entire day is not a holiday. 2 1 The English Act adds: "The fact that the holder has reason to believe that the bill will, on presentment,...
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