Page:United States Statutes at Large Volume 47 Part 1.djvu/1343

 72d CONGRESS. SESS. II. CH. 128. FEBRUARY 27, 1933 . principal. If he gives notice to his principal, he must do so within the same time as If lie were the holder, and the principal upon the receipt of such notice has himself the same time for giving notice as if the agent had been an independent holder. CROSS REFERENCE Notice given by agent, see section 1490. SEC. 1494. WHEN NOTICE SUFFICIENT :A written notice need not be signed, and an insufficient written notice may be supplemented and validated by verbal communication. A misdescription of the instrument does not vitiate the notice unless the party to whom the notice is given is i n fact mis led thereb y. CROSS REFEREncE Fo rm of notice, see section 1495 . SEC. 1495. F oRM or NoTICE .-The no tice may be in writing or merely oral and may b e given in any terms which sufficiently identify the instrument, and indicate that it has been dishonored by nonac- ceptance or nonpayment. It may in all cases be given by delivering it personally or through the mails. SEC. 1496. To WHOM NOTICE GIVEN .-Notice of dishonor may be given either to the p arty himself or to h is agent in that beh alf. SEC. 1497. NoTICE WHERE PARTY IS DEAD .-When any party is dead, and his death is known to the party giving notice, the notice must be given to a personal representative, if there be one, and if with reasonable diligence he can be found. If there be no personal repre- sentative, notice may be sent to the last residence or last place of business of the deceased. SEC. 1498. NOTICE TO PARTNERS .-Where the parties to be notified are partners. notice to any one partner is notice to the firm, even though there has been a dissolution. SEC. 1499 . NOTICE TO PERSONS JOINTLY LIABLE .-Notice to jo int parties who are not partners must be given to each of them, unless one of them has authority to receive such notice for the others. SEC. 1500. NOT ICE TO BANK RUP T .-WWWliere a part y has been adjudged a bankrupt or an insolvent, or has ma de an assignment for the benefit of creditors, notice may be given either to the party himself or to his trustee or assignee. SEC. 1501. TI ME WITHIN WHICH NOTICE MUST BE GIVEN .- Notice Time li mit on giving may be given as soon as the instrument is dishonored of delay is excused as hereinafter provided, must be given within the p A3~' p. 1307 ; pod, times fixed by chapters 66 to 69 of this code. SEC. 1502. NOTICE WHERE PARTIES RESIDE IN SAME PLACE .-Where Where p arties reside the person giving and the person to recei ve notice reside in the same in same place. place, notice must be given within the following times (1 ) If given at the pl ace of bus iness of t he person to receive notice, it must be given before the close of business hours on the day fol- lowing ; (2) If given at his residence, it must be given before the usual hours of rest on the day following ; (3) If sent by mail, it must be deposited in the post office in time to reach him in usual course on the day following. SEC. 1503 . NOTICE WHERE PARTIES RESIDE IN DIFFERENT PLACES .- Where r eside i n dli- Where the person giving and the person to receive notice reside in lerent places. different places, the notice must be given within the following times : (1) If sent by mail, it must be deposited in the post office in time to go by mail the day following the day of dishonor, or if 1319 Ante, p. 1318. Whe n suff icient . Form oI. To whom given. Where party is dead. To partners. To persons Jointly liab le. To bankrupt.
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