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Alexander's British statutes in force in Maryland. 2d ed., 1912
Volume 194, Page 886   View pdf image (33K)
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886 8 & 4. ANN. CAP. 9, PROMISSORY NOTES.
652 on whom the same are or shall be drawn, refuse to* accept
the same, by underwriting the same under his Hand, all Mer-
chants and others do refuse to underwrite such Bill or Bills, or
make any, other than a Promissory Acceptance, by which Means
the Effect and good Intent of the said Act in that behalf is
wholly evaded, and no Bill or Bills can be protested before or
for want of such Acceptance by underwriting the same, as afore-
said: For Remedy whereof be it enacted by the Authority afore-
said, That from and after the first Day of May, which shall be in
the Year of Our Lord One thousand seven hundred and five, in
Case, upon presenting of any such Bill or Bills of Exchange, the
Party or Parties, on whom the same shall be drawn, shall refuse
to accept the same, by underwriting the same, as aforesaid, the
Party to whom the said Bill or Bills are made payable, his
Servant, Agent or Assigns, may and shall cause the said Bill or
Bills to be protested for non-acceptance, as in Case of Foreign
Bills of Exchange; any thing in the said Act, or any other Law,
to the contrary notwithstanding: For which Protest there shall
lie paid two shillings, and no more.
V. Provided always, That from and after the said First Day
of May. no Acceptance of any such Inland Bill of Exchange
shall be sufficient to charge any Person whatsoever, unless the
same be underwritten or indorsed in Writing thereupon; and if
such Bill be not accepted by such Underwriting, or Indorsement
in Writing, so Drawer of any such Inland Bill shall be liable to
pay any Costs, Damages, or Interest thereupon, unless such
Protest be made for Non-acceptance thereof, and within Four-
teen Days after such Protest, the same be sent, or otherwise
Notice thereof be given to the Party from whom such Bill was
received, or left in Writing at the Place of his or her usual
Abode; and if such Bill be accepted, and not paid before the
Expiration of Three Days after the said Bill shall become due
and payable, then no Drawer of such Bill shall be compellable
to pay any Costs, Damages or Interest thereupon, unless a Pro-
test be made and sent, or Notice thereof be given, in manner
and form above mentioned: Nevertheless, every Drawer of such
Bill shall be liable to make payment of Costs, Damages and
Interest upon such Inland Bill, if any one Protest be made for
Non-acceptance, or Non-payment thereof, and Notice thereof
be sent, given or left, as aforesaid.

 
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Alexander's British statutes in force in Maryland. 2d ed., 1912
Volume 194, Page 886   View pdf image (33K)
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