This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 86. - A draft was sent to this office drawn " At sight after March 1st." This draft was accepted dated March 4th. Was the draft due on 4th or 7th of March?
Answer. - The "March 1st" seems to have been intended to preclude presentation More that date. If presented on the 1st March in this year (in which the 3rd was A Sunday) it was accepted within the regulation period of forty-eight hours after presentation,, and three days grace being added, it became payable on the 7th.
 
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