| Volume 194, Page 885 View pdf image (33K) |
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3 & 4 ANN. CAP. 9, PROMISSORY NOTES. 885 * that is payable to any Person or Persons, Body Politick 651 and Corporate, his, her, or their Order, is indorsed or assigned, or the Money therein mentioned ordered to be paid by Indorse- ment thereon, shall and may maintain his, her, or their Action for such Sum of Money, either against the Person or Persons, Body Politick and Corporate, who, or whose Servant or Agent, as aforesaid, signed such Note, or against any of the Persons that indorsed the same, in like manner as in Cases of Inland Bills of Exchange: And in every such Action the Plaintiff or Plaintiffs shall recover his, her, or their Damages and Costs of Suit; and if such Plaintiff or Plaintiffs shall be nonsuited, or a Verdict be given against him, her, or them, the Defendant or Defendants shall recover his, her, or their Costs against the Plaintiff or Plaintiffs; and every such Plaintiff or Plaintiffs, Defendant or Defendants, respectively recovering, may sue out Execution for such Damages and Costs by Capias, Fieri facias, or Elegit. II. And be it further enacted by the Authority aforesaid, That all and every such Actions shall be commenced, sued and brought within such time as is appointed for commencing or suing Actions upon the Case, by the Statute made in the One and twentieth Year of the Reign of King James the First, intituled, An Aft for limitation of Actions, and for avoiding of Suits in Law. III. Provided, That no Body Politick or Corporate shall have Power, by virtue of this Act, to issue or give out any Notes, by themselves or their Servants, other than such as they might have issued, if this Act had never been made. IV. And whereas by an Act of Parliament made in the Ninth Year of the Reign of His late Majesty King William the Third, intituled, An Act for the better Payment of Inland Bills of Exchange, it is, among other things, enacted, That from and after Presentation and Acceptance of the said Bill or Bills of Exchange (which Acceptance shall be by the underwriting the same under the Party's Hand so accepting) and after the Expiration of Three Days after the said Bill or Bills shall become due, the Party to whom the said Bill or Bills are made payable, his Servant, Agent, or Assigns, may, and shall cause the same Bill or Bills to be protested in manner as in the said Act is enacted: And whereas by there being no Provision made therein for protesting such Bill or Bills, in case the Party |
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| Volume 194, Page 885 View pdf image (33K) |
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