Bills of Exchange.
[CAP. 19]
that behalf, declaring his intention to pay the bill for honour and for whose honour he pays.
(5) Where a bill has been paid for honour, all parties subsequent to the party for whose honour it is paid are discharged, but the payer for honour is subrogated for, and succeeds to both the rights and duties of, the holder as regards the party for whose honour he pays and all parties liable to that party.
(6) The payer for honour, on paying to the holder the amount of the bill and the notarial expenses incidental to its dishonour, is entitled to receive both the bill itself and the protest. If the holder does not on demand deliver them up, he shall be liable to the payer for honour in damages.
(7) Where the holder of a bill refuses to receive payment supra protest, he shall lose his right of recourse against any party who would have been discharged by such payment.
Lost instrument.
69. (1) Where a bill has been lost before it is overdue, the person who was the holder of it may apply to the drawer to give him another bill of the same tenor, giving security to the drawer, if required, to indemnify him against all persons whomsoever in case the bill alleged to have been lost shall be found again.
(2) If the drawer, on request as aforesaid, refuses to give such duplicate bill, he may be compelled to do so.
Holder's duplicate of lost bill.
right to lost bill.
70. In any action or proceeding upon a bill, the court or a judge may order that the loss of the instrument shall not be set up, provided an indemnity be given, to the satisfaction of the court or judge, against the claims of any other person upon the instrument in question.
Bill in a set.
bill in set.
71. (1) Where a bill is drawn in a set, each part of the set being numbered and containing a reference to the other parts, the whole of the parts constitute one bill.
(2) Where the holder of a set indorses two or more parts to different persons, he is liable on every such part,
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Bills of Exchange.
[CAP. 19
that behalf, declaring his intention to pay the bill for honour and for whose honour he pays.
(5) Where a bill has been paid for honour, all parties subsequent to the party for whose honour it is paid are discharged, but the payer for honour is subrogated for, and succeeds to both the rights and duties of, the holder as regards the party for whose honour he pays and all parties liable to that party.
(6) The payer for honour, on paying to the holder the amount of the bill and the notarial expenses incidental to its dishonour, is entitled to receive both the bill itself and the protest. If the holder does not on demand deliver them up, he shall be liable to the payer for honour in damages.
(7) Where the holder of a bill refuses to receive pay- ment suprà protest, he shall lose his right of recourse against any party who would have been discharged by such payment.
Lost instrument.
69. (1) Where a bill has been lost before it is overdue, the person who was the holder of it may apply to the drawer to give him another bill of the same tenor, giving security to the drawer, if required, to indemnify him against all persons whomsoever in case the bill alleged to have been lost shall be found again.
(2) If the drawer, on request as aforesaid, refuses to give such duplicate bill, he may be compelled to do so.
Holder's duplicate of
right to
lost bill.
lost bill.
70. In any action or proceeding upon a bill, the court Action on or a judge may order that the loss of the instrument shall not. be set up, provided an indemnity be given, to the satis- faction of the court or judge, against the claims of any other person upon the instrument in question.
Bill in a set.
bill in set.
71. (1) Where a bill is drawn in a set, each part of Rules as to the set being numbered and containing a reference to the other parts, the whole of the parts constitute one bill.
(2) Where the holder of a set indorses two or more parts to different persons, he is liable on every such part,
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