If the drawer of a bill of exchange have no effects in the hands of the drawee at the time of the drawing the bill, and of its maturity, and have no ground to expect that it will be paid, it is not necessary to present the bill at maturity ; and, if it be presented two days after, and payment be refused, the drawer is liable.
[1837] EngR 643, (1837) 6 Ad and E 502, (1837) 112 ER 192
Commonlii
England and Wales
Updated: 01 July 2021; Ref: scu.313760