This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 256. - Can interest be legally collected on a promissory note after note becomes due, no mention of interest having been made on note, said note six months overdue?
Answer. - Under section 134 (b), Bills of Exchange Act, such a note, if dishonoured, bears interest from the date of maturity.
 
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