PROMISSORY NOTES AND BILLS OF EXCHANGE. - Must be payable absolutely, and not depend on a contingency. Three days' grace allowed except when payable upon demand. Can be written in ink or lead pencil. Notice to dishonour must be sent to all endorsers. Those not notified are released from all liability. Notice must be sent to teh ocrrect address of endorser; but if that is not known, notice is sent to the place where note or bill purports to be made will be sufficient. Cheques are treated as bills of exchange, and must be presented on the day they are received or on the following day. Notes and bills endorsed in blank are transferable by delivery, the same if payable to bearer.Notes bear interest during currency only if so stated. The loss of a bill or note does not prevent the collection of it, but if required the holder must give indemnity before the lost note is paid. Notes and bills are payable any time during the day they mature. If no time is mentioned for payment, notes and bills payable on demand. Notes made on Sunday are void. Notes and bills falling due on Sunday are payable the next day porvided it is not a holiday.