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62 Bill Payable "Two and One-half Months after Date." |
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This section of the book is from the "Canadian Banking Practice" book, by .
Question 64.— What do you think is the correct due date of a bill dated 24th August, 1899, and payable two and a-half months after date?
Answer.—Two months from August 24th would be 24th October, and apparently the question to be determined is when a half month from the latter date would end. In our opinion this is not determinable, and the bill in consequence is not a bill of exchange within the meaning of the Act, as it is not payable at a fixed future time.
 
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