1862.... 482.... 1, 2, 3, 27, 33 Liens on vessels, 1864.... 412.... All...... Registration of mortgages on 1868.... 779.... canal boats. 779.... All...... Chattel mortgages executed by railroad corporations. 1870.... 529.... All...... All...... Liens on railroad bridges and All...... 1872.... 498.... All...... trestle work. Liens of livery-stable keepers and agisters. 1872.... 669.... All...... Liens on wharves, piers, bulk 1893.... 300.... 1893.... 405.... 1894.... 253.... I, 2, 3, 4, 5, 10, 11, 12, 13 All.. All...... ...... 1, 2. 3, 4, 5, IO, II, 12 All . . . . . All.. All...... Subject. Contracts for the lease or conditional sale of railroad equip ment and rolling stock. Amends L. 1879, ch. 336, § 1. Contracts for conditional sale of personal property to be filed. Amends L. 1863, ch. 422, § 2. Amends L. 1862, ch. 482, § 2. Mechanics' liens generally. Amends L. 1884, ch. 315, § 2. Liens of warehousemen. Amends L. 1862, ch. 482, § 2. Validity of notices filed prior to June 27, 1885. Owners of stallions, protection and liabilities of. Amends L. 1885, ch. 342, § 1. Amends L. 1887, ch. 458, § 3. Liens on monuments, gravestones, etc. Chattel mortgages executed by telegraph, electric light and telephone companies. Amends L. 1878, ch. 315. Amends L. 1872, ch. 498. Amends L. 1864, ch, 412, § 3. Amends L. 1878, ch. 315. Amends L. 1885, ch. 342, § 24. Amends L. 1864, ch. 412, § 3. Hotel keepers may detain prop erty of boarders. Amends L. 1884, ch. 315, § 7. Amends L. 1864, ch. 412, §§ 3, 4. Amends L. 1885, ch. 342, § 6. Amends L. 1833, ch. 279, § 3. Amends L. 1884, ch. 315, § 7. Amends L. 1868, ch. 779. CHAPTER L OF THE GENERAL LAWS. [CHAP. 612 OF 1897.] THE NEGOTIABLE INSTRUMENTS LAW. ARTICLE I. General provisions (§§ 1-7). II. Form and interpretation of negotiable instruments (§§ 20-42). IV. Negotiation (§§ 60-80). V. Rights of holder (§§ 90-98). VI. Liabilities of parties (§§ 110-119). VII. Presentment for payment (§§ 130-148). VIII. Notice of dishonor (§§ 160-189). IX. Discharge of negotiable instruments (§§ 200-206). X. Bills of exchange; form and interpretation (§§ 210-215). XI. Acceptance (§§ 220-230). XII. Presentment for acceptance (§§ 240-248). XIII. Protest (§§ 260-268). XIV. Acceptance for honor (§§ 280–290). XV. Payment for honor (§§ 300–306.) XVI. Bills in a set (§§ 310-315). XVII. Promissory notes and checks (§§ 320–325). XVIII. Notes given for patent rights and for a speculative considera tion (§§ 330-332). XIX. Laws repealed, when to take effect (§§ 340–341). SECTION. 1. Short title. ARTICLE I. GENERAL PROVISIONS. 2. Definitions and meaning of terms. 3. Person primarily liable on instrument. 4. Reasonable time, what constitutes. 5. Time, how computed; when last day falls on holiday. 6. Application of chapter. 7. Rule of law merchant; when governs. SECTION 1. Short title.-This act shall be known as the negotiable instruments law. § 2. Definitions and meaning of terms.-In this act, unless the context otherwise requires : "Acceptance" means an acceptance completed by delivery or notification. "Action" includes counter-claim and set-off. "Bank" includes any person or association of persons carry. ing on the business of banking, whether incorporated or not. "Bearer" means the person in possession of a bill or note which is payable to bearer. "Bill" means bill of exchange, and "note" means negotiable promissory note. "Delivery" means transfer of possession, actual or constructive, from one person to another. "Holder" means the payee or indorsee of a bill or note, who is in possession of it, or the bearer thereof. “Indorsement” means an indorsement completed by delivery. "Instrument means negotiable instrument. "Issue" means the first delivery of the instrument, complete in form to a person who takes it as a holder. "Person" includes a body of persons, whether incorporated or not. "Value" means valuable consideration. "Written" includes printed, and "writing" includes print. 83. Person primarily liable on instrument. The person "primarily" liable on an instrument is the person who by the terms of the instrument is absolutely required to pay the same. All other parties are "secondarily " liable. 66 § 4. Reasonable time what constitutes.-In determining what is a 66 reasonable time" or an unreasonable time" regard is to be had to the nature of the instrument, the usage of trade or business (if any) with respect to such instruments, and the facts of the particular case. § 5. Time, how computed; when last day falls on holiday. -Where the day, or the last day, for doing any act herein required or permitted to be done falls on Sunday or on a holiday, the act may be done on the next succeeding secular or business day. § 6. Application of chapter.—The provisions of this act do not apply to negotiable instruments made and delivered prior to the passage hereof. 87. Law merchant; when governs. In any case not pro vided for in this act the rules of the law merchant shall govern. |