Measure

bill, drawn, cent, payable, damages, united and allowed

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13. Louisiana. On protest for non-accept-: ance or for non-payment of bills drawn on fbr eign countries; ten per cent. is allowed ; on bills drawn in other states of the United States; five per cent. Rev. Stat. of La. 1856, 44, 0 2.

Tfiese damages are in lieu of interest and all other charges incurred pi evious to time of giving notice of non-acceptance or non-pay ment ; but the principal and damages bear interest thereafter. Id. 0 3.

If the bill is drawn in United States moneys, the damages are to be ascertained without any reference to the rate of exchange existing between the state and the place on which the bill was drawn. Id. 0 4.

14. Maine. Damage's are allowed as fol lows, in addition to interest : On bills for $100 or more, drawn, accepted, or indorsed in the state, at a place seventy-five miles dis tant from the pIace where drawn, one per cent. ; on bills for any sum drawn, accepted, or indorsed in the state, if payable in New York or in any state north of it, except Maine, three per cent.; if payable in any Atlantic state south of New York and north of Florida, — six per cent. ; if payable in any other state, nine per cent. Rev. Stat. of Me. 1857, 519, ch. 82, 35.

As to bills drawn payable out of the United States, there is no statutory provision. It is the usage to allow the holder of the bill the money for which it was drawn, reduced to the currency of the state, at par, and also the charges of protest, with American interest, upon those sums from the time when the bill should have been paid ; and the further sum of, one-tenth of the money for which the bill was drawn, with interest upon it from the time payment of the dishonored bill was de manded of the 'drawer. But nothing has been allowed for re-exchange, whether it is below or above par. Per ParsOns, Ch. J., 6 Mass. 157, 161. See 6 Mass. 162.

15. Maryland. No dcmages are allowed when the bill is drawn in the state on another person in Maryland.

When it is drawn on any person in any other of the United States, eight per cent. damages on the amount of the bill are al lowed, ,and an amount to purchase another bill, at the current exchange, and interest and losses of protest.

If the bill be drawn on a foreign country, fifteen per cent. damages are allowed, and the expense of purchasing a new bill, as above, besides interest and costs of protest.

1 Dorsey, Laws of Md. 197, ch. 38.

16. Massachusetts. When a bill drawn or indorsed within the state, and payable with out the limits of the United States (except ing places in Africa beyond the Cape of Good Hope, and places in Asia and the islands thereof), is protested for non-acceptance or non-payment, the party liable on such bill shall pay the same at the current rate of ex. change at the thne of the demand, and five per cent. damages, with interest, from date of protest, in full of all dainages, charges, and expenses. aen. Stat. of Mass. 1860, 293, 11.

When the bill is payable at a place in Africa beyond the Cape of Good Hope, or at any place in Asia or the islands thereof, the party liable shall pay ,the same at the par value, with twenty per cent., in full of All damages, interest, and charges. Id. 0 12.

When the bill is drawn payable without tho state, but within the 'United States, damages are as follows : if payable in Maine, New Hampshire„ Vermont, Rhode Island, Connec ticut, or New York, two per, cent. ; if in New Jersey, Pennsylvania, IVIaryland, or Dela ware. three per cent. ; if in Virginia, North N,rolina, South Carolina, Georgia, or the Dis trict of Columbia, four per cent. • if in any other of the states or territories oithe United States, five per cent. Id. 0 13.

When the bill is payable within the state, if it is for not less tlian $100, and is payable at a place not less than seventy-five miles dis tant from the place where it is drawn or in dorsed, two per cent. damages are payable. Id. 0 14.

11. Michigan. When a bill is drawn in the state on a person in the state, no damages are allowed.

When drawn or indorsed within the state, and payable out of it, within the United States, if payable within the states of Wiscon sin, Illinois, Indiana, Pennsylvania, Ohio, or New York, three per cent. interest on the con tents of the bill, and charges, are allowed ; if payable within the states of Missouri, Ken tucky, Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New Jersey, Delaware, Maryland, Virginia, or the District of Columbiit, five per cent.; if payable elsewhere in the United States. out of Michigan, ten per cent. 1 Compiled Laws of Mich. 408, ch. 31, a 8, 9.

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