Page:United States Statutes at Large Volume 31.djvu/571

FIFTY-SIXTH CONGRESS. Sess. I. Ch. 786. 1900. 5].9 by the owner, agent, or manager of such bank or banking institution, and upon the filing of such information or bill the court shall order and direct, at atime to be designated in the bill, that the owner, agent, or manager of such bank or banking institution shall, under oath, file _ an answer to the information and interrogatories, and shall specially answer each and every interrogatory contained in such information or bill. If it appears to the court from such answer that the bank, banker, or banking institution has any property in its possession which has o1· may escheat to the United States, it shall direct the bank, banker, o1· banking institution forthwith to bring the same into such court, and the court shall proceed to dispose of the property as provided elsewhere in this chapter. CHAPTER Twmrrr. or Paomissonr Norms AND BILLS or Excunxen. Sec. . · Sec; 198. Promissory notes in writing payable t 193. Grace, when allowed. to bearer, ieiect of. 194. Qualihcation of last section. 191. Action by payees, indorsees, and 195. Acceptance to bein writing. t holders, nature and extent of. 196. Damages on forei bills. 192. Note to the order of maker or 6cti— 197. Damages on inlandlbills of exchange. tious person, effect of. · Sec. 190. All notes in writing, made and signed_ by any person, w${§’,,“;l“S}’,f,’,,,§‘§{§“ § whereby he shall promise to pay to any other person or his order, or b<==¤r¤r.¤ff<==¥=¤¤f- unto the bearer, any sum of money therein mentioned, shall be due and payable as therein expressed, and shall have the same effect and be negotiable in like manner as inland bills of exchange, according to the custom of merchants." _ Sec. 191. The payee and indorsee of every such note payable to him ,,,‘}§,l§,§§,’ b,§`,,d°°,{§f§; or his order, and the holder of every such note payable to beare1·, may g§¤·¤¤¤¤° ***9 °¤¤‘=¤* maintain an action for the sum of money therein »mentioned, in like ` manner as incase of an inland bill of exchange and not otherwise. Sec. 192. Such note made payable to the order of the maker thereof, mgillf °°.,§h°;§,'§§{,§§ or to the order of a nctitious rson, shall, if negotiated by the maker, P°”°¤·°“°°°°*· have the same effect and be ofpllzhe same validity, as against the maker and all persons having knowled e of the facts, as if yable to bearer. Sec. 193. On all bills of excgange ayable at a flliture day certain ;0llv§§j°°’ wm] °l` within the district, and on all negotiablle promissory notes, orders, and drafts payable at a future da certain within the district, in which there is not an. express stipuhtion to the- contrary, race shall be allowed, except as provided in the following section, inllike manner as it is allowed by the custom of merchants on foreign bills of exchange pagable at the expiration-of a certain period after date or after sight. Ec. 194. The revisions of the preceding section shall not extend %¤s¤1i¤¤¤¤¤¤ of last to any bill of excllange, note, or draft payable at sight or on demand. °°° l°°' . Sec. 195. No person within the district shall be charged as an 4§<=¤v¤¤¤¤¢ w be i¤ acceptor of a bill of exchange unless his acceptance shall be in writing, wm ng" signed by himself or his lawful agent. I .. _ Sec. 196. Whenever any bill of exchange drawn or indorsed within biH¤·¤¤¤s¤¤ <>¤ f¤r¤iz¤ thedistrict ·and ayable without the limits of the United States shall s` be duly protested for nonacce tance or nonpayment, the part liable for the contents of such bill shlall, on due notice and demand &ereof, pay the same at the current_rate of exchange afthe·time of demand, and damages at the rate of ten per centum upon the contents thereof, together with? interest on the contents, to be computed from the date of the protest; and the amount of contents, damages, and interest —·ball be in full of all damages, charges, and expenses. ‘