Measure

cent, damages, united, drawn, person, charges, bill, bills and protest

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1S. Minnesota. When a bill payable out of the United States is protested for non-ac ceptance or nbn-payment, the party liable shall pay the bill at the current rate of ex change and ten per cent. damages, with inte rest from date of protest, in full of all damages, charges, and expenses. Stat. of Minnesota, 1858, 375, 8. ' When the bill is drawn on a person out of Minnesota, but within the United States, the party shall pay the hill, with interest, and five per cent. damages, together with costs and charges of protest. id. 0 9.

19. Misstssippi. Bills drawn on a person out of the state, but within the United States, draw five per cent. damages, and interest on the principal ; bills payable out of the United States, ten per cent., besides interest. In all cases the holder is entitled to all costs and charges. No damages allowed on domestic bills. Rev. Code of Miss. 1857, 356, sect. a 5, 6.

Missouri. On bills drawn on a person within the state, the damages are four per cent. ; when on a person in another state or territory of the United States ten per cent.; when on a person out of the 'United States, twenty per cent. Rev. Stat. of Mo. 1855, 294, a '7, 8.

20. New York. Upon bills drawn or ne gotiated within the state upon any person at any place within the six states east of New York, or in New Jersey, Pennsylvania, Ohio, Delaware, Maryland, Virginia, or the District of Columbia, the damages are three per cent. If drawn upon a person at a place within North or South Carolina, Georgia, Kentucky, or Tennessee, five per cent. If upon any person in any other state or terri tory of the United States, or at any other place on, or adjacent to, this continent, and north of the equator, or in any British or foreign pos sessions in the West Indies, or elsewhere in the western Atlantic ocean, or in Europe, ten per cent. These damages are in lieu of interest, charges of protest, and all other charges in curred previous to, and at the time of, giying notice of non-acceptance or non-payment. But the holder is entitled to interest upon the ag gregate amount of the principal sum and dam ages from time of notice of the protest. If the contents of the bill are expressed in the money of the United States, the amount due and the damages for non-payment are to be ascer tained and determined without reference to the rate of exohange existing between New York and the place ori which the bill is drawn. But if in the currency of any for eign country, then the amount due, exclusive of the damages, is to be ascertained by the rate of exchange, or the value of such foreign currency, at the time of the demand of pay ment. 1 Rev. Stat. of N. Y . 1st ed. 770, 0

18 ; 3 id. 5th ed. 1859, 70, 00 18-22.

These damages are only recoverable by a holder who has purchased the bill or some interest therein for a valuable consideration. /2. 71, 0 23.

21. North Carolina. On bills drawn on a person in any other state or territory of the United States, three per cent. damages are allowed ; if drawn on any other place in North America, except the northwest coast, or on any of the West India or Bahama Islands, ten per cent.; if on the island of Madeira, the Canary Islands, the Azores, the Cape Verd Islands, or in any otber state or place in Europe, or in South America, fifteen per cent.; if on any other part of the world, twenty per cent. In all cases, interest is recoverable from maturity of the bill. Rev. Code of N. C. 1855, 111, 0 8.

22. Ohio. By a late statute the former laws relative to damages on bills of exchange were repealed ; and it is provided that dam ages on protested bills of exchange drawn by any person or corporation within the state shall not be recoverable on any contract en tered into after the passage of this act. Laws of Ohio, 1859, 153.

23. Oregon. On bills drawn payable out of the United States, and protested for non acceptance or non-payment, the party liable shall pay the same at the current rate of ex change at the time of demand, and damages at the rate of ten per cent. with interest on the contents of the bill from the date of pro test ; the amount of contents, damages, and interest to be in full of all damages, charges, and expenses.

On bills drawn within tbe United States but out of Oregon, the drawer or indorser shall pay the bill with legal interest accord ing to its tenor, and five per cent. damages, with costs and charges of protest. Stat. of Oregon, 1855, 531, c. 1,00 8, 9.

24. Pennsylvania. The following daniages are allowed on protest of a bill of exchange for non-payment. They are in lieu of interest and all other charges, except charges of pro test, to the time when notice of protest is given and demand of payment made, but are in addition to the charges of protest and interest on the amount nf principal, damages, and charges frora the time of such notice and demand. If the bill is drawn on a person in anz place in the United States or the terri tories, except California (Upper or Lower.), New Mexico, and Oregon, five per cent.; if apon any place on the west coast of South America, fifteen per cent.; if upon any place in China, India, or other parts of Asia or Africa, or islands in the Pacific ocean, twenty per cent. ; if upon any other part of the world (including California, New Mexico, and Oregon above excepted), ten per cent.

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