Page:United States Statutes at Large Volume 76A.djvu/358

–262– -262"person" includes a body of persons, whether incorporated or not; "value" means valuable consideration; "written" includes printed; and "writing" includes print. ' § 4573. Primary and secondary liability 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. § 4574. Reasonable time; computation In determining what is a "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. § 4575. Time; computation; last day 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. § 4576. Cases not provided for I n a case not provided for in this chapter the rules of the law merchant shall govern.

CHAPTER 107—RELIEF IN GENERAL Sec. 4611. Species of relief. 4612. Relief in case of forfeiture.

§ 4611. Species of relief As a general rule compensation is a relief or remedy provided by the law of the Canal Zone for the violation of private rights, and the means of securing their observance; and specific and preventive relief may not be given in cases other than those specified by this chapter and chapters 109 and 111 of this title. § 4612. Relief in case of forfeiture Whenever, by the terms of an obligation, a party thereto incurs a forfeiture, or a loss in the nature of a forfeiture, by reason of his failure to comply with its provisions, he may be relieved therefrom, upon making full compensation to the other party, except in case of a grossly negligent, willful, or fraudulent breach of duty. CHAPTER 109—COMPENSATORY RELIEF SUBCHAPTER I

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DAMAGES IN OENEBAI,

Article A—General Principles

Sec

4641. Damages for detriment from unlawful act or omission.. 4642. Detriment defined. 4643. Detriment after commencement of action. Article B—Interest as Damages 46.")1. Recovery of interest on damages. 4652. Breach of obligation other than contract. 4653. Interest stipulated by contract. 4654. Waiver by accepting principal.

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