Question 270. - A bank having received from one of its branches a cheque drawn on us, without war tax stamp attached, presented same to us for payment. It was refused, the answer "No war stamp attached," being given. Collecting bank then protested the cheque. Could they legally do so, and was the notary who protested cheque laying himself open to the fine provided for handling unstamped cheques?

Answer. - Sub-sec. 10 of sec. 12 of the Special War Revenue Act, 1915, makes any bank which pays, or presents for payment, a cheque upon which the war tax stamp has not been affixed liable to a penalty of $100, and while the holder of the cheque would appear to be entitled to protest the same on non-payment, and no penalty would attach to the notary, the collecting bank would incur the penalty prescribed by the Act in presenting the cheque for payment.