determinable future time a certain sum of money to order or bearer. A
bill of itself does not operate as an assignment of the funds in the
hands of the drawee available for its payment, nor is the drawee
liable on a bill until he accepts or agrees to pay it. An inland bill
is one drawn and payable within a state. Any other is a foreign bill.
An indorsed promissory note and an accepted bill are very much the
same thing, and that is why the law always treats of both together.
The maker of a note incurs the same obligations as the acceptor of a
bill, both are the parties primarily liable thereon, and the indorser
of a note and the drawer of a note are both secondarily liable on
proper notification of the failure of the primary parties to pay, as
we have learned. The payees in both cases are the same. The acceptance
of a bill is the signifying by the drawee that he has assented to the
drawer's order, and must be in writing. An unconditional promise in
writing to accept a bill before it is drawn is deemed an actual
acceptance in favor of every person who on the faith thereof receives
the bill for value. The drawee is allowed twenty-four hours after
presentment to decide whether or not he will accept the bill; but the
acceptance, if given, dates from the day of presentation. Furthermore,
an acceptance may be qualified as to time, acceptance of payment in
part only and in other ways. When a foreign bill is not accepted it
must be protested, which must specify the time and place of
presentment, and other particulars, and is usually made by a notary
public, though this can be done by other persons.
=Parent and Child.=--A parent is legally as well as morally bound to
support his children who are incapable to care for themselves. Should
a wife be divorced from her husband his duty to maintain the children
would not fall on her, unless she also had the custody of them. A
father's obligation to maintain his child continues until he is able
to provide for himself. The legal obligation ceases by common law as
soon as a child attains majority, however helpless he may be or great
may be his father's wealth.
A child that has property of his own, while his father's means are not
enough, may be supported from his own means. Even the principal may be
used in this manner. Generally if the father has ample means, he must
use them to educate his child. When the father can use the child's
fortune and how much, is sometimes a difficult q
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