the drawer.

Question 129.— A gets B to give him his cheque on bank Y for $500. He asks bank Z in the same town to cash it and hold it for a week without presenting, at the end of which, he, A, will take it up. If he fails to do so and the cheque is refused, would bank Z have a valid claim on B (a) if the cheque were dishonoured for want of funds, (b) if B had countermanded payment ?

Is B responsible to a holder for value, until discharged by the Statute of Limitations, notwithstanding any delay in presentation which does not cause him actual damage?

Answer.—We think the drawer of the cheque is liable notwithstanding the non-presentation of the cheque for payment, until relieved by the Statute of Limitations; unless he suffers actual damage through delay.