Question 82. - Power of attorney slip for collection which we held was sent to the drawee, who returned it dated 4th May. This was not received by us in the mails until the 9th May. Should the bank, in accepting this bill for the drawee under his power of attorney, sight it as at the 4th or 9th of May? The hill was drawn at 30 days sight.

Answer. - The bank should accept as from the 4th May, the day on which the bill was "sighted" by the drawee.