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Free Books / Finance / Canadian Banking Practice / | ![]() |
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Note Payable At Payee's Office - Death Of Payee |
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This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 188. - A note is made to read as follows: "I promise to pay AB or order at his office, etc." AB endorses the note and has it discounted. Before it is due AB dies and his office is closed up. Where must the note be presented for payment in order to hold AB's estate on his endorsement?
Answer. - The note must be presented at AB's former office, and if refused or there is no one there to answer, it should be protested. See sections 88 and 89.
 
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