MINNESOTA.- The uniform negotiable instruments law has been adopted and days of grace are abolished. Notes payable on Sunday, Thanksgiving, general election day, the first Monday of September, Good Friday, Christmas, New Year's Day, February 12th, February 22d, May 30th, and July 4th, or on the following day when either of the last six falls on Sunday, and notes due on Saturday are payable on the business day next succeeding but demand notes may be presented Saturday before noon.

MISSISSIPPI. Grace is allowed on bills of exchange, notes, and drafts given for a sum certain. Notes, etc., falling due on Sunday, January Ist, April 26th, June 3d, July 4th, Thanksgiving, or Christmas Day, are payable on the secular day next preceding.

MISSOURI. — The uniform negotiable instruments law is in force and grace is abolished. Sundays, January 1st, February 22d, May 30th, July 4th, first Monday of September, Christmas, Thanksgiving, and the day of general or primary elections, are public holidays, and negotiable instruments due thereon are payable on the next succeeding business day. Holiday falling on Sunday is observed on Monday. In cities of over 100,000 inhabitants, Saturday is half-holiday, and notes falling due on that day are payable Monday, but if on demand may be presented before noon.

MONTANA. - The uniform negotiable instruments law is in effect and days of grace are abolished. Notes falling due on Sunday, January 1st, February 12th and 22d, May 30th, July 4th, October 12th, December 25th, the first Monday in September, election, fast or thanksgiving days, are payable on the day following. A holiday falling on Sunday is observed on Monday.

NEBRASKA.- The uniform negotiable instruments law has been adopted and grace is not allowed. Holidays falling on Sunday are observed on Monday, and negotiable instruments falling due on Sunday or a holiday are payable on the next business day. Holidays are January 1st, February 22d, April 22d, May 30th, July 4th, December 25th, the first Monday in September, Thanksgiving and Fast Days. Saturday is a half-holiday and only demand notes are presentable before twelve o'clock.

NEVADA. -The uniform negotiable instruments law has been adopted and days of grace are abolished. Notes, etc., payable on a holiday become due the next succeeding business day. Holidays are Sundays, January 1st, February 12th and 22d, May 30th, July 4th, first Monday in September, October 31st, Thanksgiving, Christmas, and days of primary or general election.

NEW HAMPSHIRE.

The uniform negotiable instruments law has been adopted and grace is abolished except on sight drafts. Notes payable on Sunday, Thanksgiving, Fast, the general state election, February 22d, May 30th, July 4th, first Monday of September, Christmas, or on the following day when either of these days falls on Sunday, are due on the business day next succeeding. Saturday is a half-holiday and only demand notes are presentable before twelve o'clock.

NEW JERSEY.- The uniform negotiable instruments law has been adopted and days of grace are abolished. Notes, etc., falling due on Sunday, Christmas, New Year's Day, Good Friday, February 12th and 22d, May 30th, July 4th, the first Monday of September, October 12th, general election days, and any day of public thanksgiving or fasting are payable on the next succeeding business day. Holidays falling on Sunday are observed on Monday. Saturday is a half-holiday and only demand notes are presentable before twelve o'clock.

NEW MEXICO. The uniform negotiable instruments law has been adopted and no grace is allowed. Notes, etc., falling due on Sunday or a

holiday, are payable on the next succeeding business day. January 1st, July 4th, October 12th, December 25th, Thanksgiving, general election days, and fast days are legal holidays. Saturday is a half-holiday and only demand notes are presentable before twelve o'clock.

NEW YORK. - The uniform negotiable instruments law is in effect and days of grace are abolished. Sundays, January 1st, February 12th, February 22d, May 30th, July 4th, the first Monday in September October 12th, December 25th, Saturday afternoons, any general election day, and any day appointed by the Governor or President as a day of thanksgiving or fasting are holidays. Bills and notes falling due on a holiday or Saturday are payable on the next secular or business day; but demand notes due on Saturday may be presented on that day before 12 o'clock. Other holidays falling on Sunday are observed on Monday.

NORTH CAROLINA.—The uniform negotiable instruments law has been adopted and grace is allowed only on sight drafts. January 1st and 19th, February 22d, May 10th, May 20th, July 4th, the first Monday in September, December 25th, Thanksgiving Day, and Saturday afternoons are public holidays. Bills and notes falling due on a holiday or Saturday are payable on the next business day; but those falling due on Saturday may be presented on that day before 12 o'clock. Other holidays falling on Sunday are observed on Monday.

NORTH DAKOTA.-The uniform negotiable instruments law has been adopted and days of grace are abolished. Notes and bills due on Sundays and holidays are payable on next business day. January 1st, February 12th, February 22d, July 4th, December 25th, May 30th, first Monday in September, general election and thanksgiving days, and Sundays are holidays. Other holidays falling on Sunday are observed on Monday.

OHIO. The uniform negotiable instruments law is in force and days of grace are abolished. January 1st, February 22d, May 30th, July 4th, the first Monday in September, October 12th, December 25th, general election day afternoon, Saturday afternoon, and any day appointed as a day of fasting or thanksgiving, are holidays, and notes, etc., due on such days, or on Sundays, are payable on the business day next succeeding; if any holiday falls on Sunday, the following Monday is a holiday. Instruments falling due on Saturday are to be presented for payment on the next succeeding business day, but if payable on demand, may, at the option of the holder, be presented on Saturday before noon.

OKLAHOMA.- Uniform negotiable instruments law adopted, and days of grace abolished. Holidays are Sunday, January 1st, February 22d, May 30th, July 4th, October 12th, December 25th, first Monday in September, general election, fast and thanksgiving days. Holiday falling on Sunday is observed on Monday. Notes due on holiday are payable on next business day.

OREGON.-The uniform negotiable instruments law has been adopted and days of grace are abolished. Sundays, January 1st, February 12th and 22d, May 30th, July 4th, October 12th, December 25th, the first Monday of September, days of general election, fast and thanksgiving, are holidays. Notes, etc., payable on a holiday are due on the next business day.

PENNSYLVANIA.- The uniform negotiable instruments law is in force and days of grace are abolished. Sundays, January 1st, February 12th and 22d, Good Friday, May 30th, July 4th, first Monday in September, October 12th, December 25th, first Tuesday after the first Monday in November (election day), fast and thanksgiving days, are public holidays, and negotiable paper due on any of said days is payable on the next succeeding secular

day. Saturday afternoons are half-holidays, and notes payable on Saturday are for purposes of protest considered as if payable on Monday, but demand notes may be presented Saturday before noon. When a holiday falls on Sunday, it is observed on Monday.

RHODE ISLAND. - The uniform negotiable instruments law is in effect and grace is allowed only on sight drafts. January 1st, July 4th, February 22d, May 30th, and Christmas Day, or when either of said days falls on Sunday the day following it, the second Friday in May, the first Monday of September, Sundays, October 12th, the Tuesday after the first Monday in November, days of thanksgiving or fast are holidays, and payment of all notes, checks, and bills, due and payable on such holidays, is to be made on the secular day next succeeding. Saturday after twelve o'clock is a holiday for bank purposes.

SOUTH CAROLINA.- Days of grace are allowed on all bills and notes, including sight drafts. Days of national thanksgiving, general election, January 1st and 19th, February 22d, May 10th, June 3d, July 4th, December 25th, the first Monday of September, and in Charleston and Richland Counties Saturday after 12 o'clock, are holidays. If the third day of grace falls on Sunday or a holiday, payment is to be made on the day after.

SOUTH DAKOTA. — Uniform negotiable instruments law adopted and days of grace abolished. Notes due on holidays are payable on next business day. January 1st, February 22d, July 4th, December 25th, May 30th, and days of general election and thanksgiving days are holidays. If any of the first four falls on Sunday, the Monday following is a holiday.

TENNESSEE.-The uniform negotiable instruments law is in force and days of grace are abolished. Good Friday, January 1st, February 22d, May 30th, June 3d, July 4th, first Monday in September, December 25th, Thanksgiving Day, and general election days are holidays. Holidays falling on Sunday are observed on Monday. Notes, etc., falling due on Sunday or a holiday are payable on the next succeeding business day. Those falling due on Saturday are payable the next succeeding business day, except that those payable on demand may at the option of the holder be presented before 12 o'clock on Saturday, when that entire day is not a holiday.

TEXAS.-Grace is allowed on all negotiable notes and bills. January 1st, February 22d, March 2d, April 21st, July 4th, December 25, the first Monday in September, general election days, and days of public fasting or thanksgiving are holidays. If a holiday occurs on Sunday, the next day is observed as a holiday, but presentment of commercial paper for acceptance or payment in such case may be made on the Saturday previous.

UTAH.-The uniform negotiable instruments law has been adopted and grace is not allowed. January 1st, February 12th and 22d, April 15th, May 30th, July 4th, July 24th, December 25th, the first Monday in September, fast and thanksgiving days, are holidays. Holidays falling on Sunday are observed on Monday. Notes, etc., falling due on Sunday or a holiday are payable on the next succeeding business day. Those falling due on Saturday are payable on Monday, except that those payable on demand may at the option of the holder be presented before 12 o'clock on Saturday.

VERMONT. - Days of grace are abolished. Notes falling due on a holiday are payable on the following business day. Sundays, January 1st, February 22d, July 4th, May 30th, August 16th, October 12th, December 25th, the first Monday in September, fast and thanksgiving days are legal holidays. When any other holiday falls on Sunday the Monday following is a holiday.

VIRGINIA.—The uniform negotiable instruments law is in effect and days of grace are abolished. January 1st and 19th, February 22d, May 30th,

July 4th, December 25th, the first Monday in September, and days of public thanksgiving or fast are holidays, and notes, etc., falling due thereon or on Saturdays are payable on the secular day next succeeding. When any holiday falls on Sunday the Monday following is observed as a holiday.

WASHINGTON.-The uniform negotiable instruments law has been adopted and days of grace are abolished. Sundays, January 1st, February 12th and 22d, May 30th, July 4th, October 12th, December 25th, the first Monday in September, days of general election and thanksgiving are holidays, and notes falling due thereon or on Saturday are payable on the next succeeding secular day. Notes payable on demand may be presented on Saturday before 12 o'clock.

WEST VIRGINIA. - The uniform negotiable instruments law has been adopted, and days of grace are abolished. Notes, etc., falling due on Sunday or a holiday are payable on the next succeeding business day; those falling due Saturday, if not paid before noon, are payable Monday. January 1st, February 12th and 22d, July 4th, May 30th, October 12th, December 25th, the first Monday in September, election and thanksgiving days are holidays. A holiday falling on Sunday is observed on Monday.

WISCONSIN.-The uniform negotiable instruments law has been adopted and days of grace are abolished. Negotiable paper falling due on Sunday, January 1st, February 22d, May 30th, July 4th, December 25th, Thanksgiving Day, Labor Day, general election days, is payable on the secular day next succeeding. Holidays falling on Sunday are observed on Monday.

WYOMING.

-The uniform negotiable instruments law is in force and grace is not allowed. January 1st, February 12th and 22d, May 30th, July 4th, December 25th, Arbor Day, general election day, and Thanksgiving Day are holidays. If such holiday falls on Sunday, the Monday following is a legal holiday. Notes due on holiday or on Saturday or Sunday are payable on next business day, but demand notes may be presented Saturday before noon.

For Statutes of Hawaii, the Philippines and Porto Rico see Appendix.

CHAPTER XVII.

AGENCY.

SECTION 1.

AGENCY IN GENERAL.

THE relation of principal and agent implies that the princi pal acts by and through the agent, so that the acts in fact of the agent are the acts in law of the principal; and only when one is authorized by another to act for him in this way, and to this extent, is he an agent. One who is disqualified from contracting on his own account may act as the agent of another, thus infants, married women, and aliens may act as agents for others.

A principal is responsible for the acts of his agent, not only when he has actually given full authority to the agent thus to

represent and act for him, but when he has, by his words, or his acts, or both, caused or permitted the person with whom the the agent deals to believe him to be clothed with this authority And a man may be thus held as a principal, either because he has in some way authorized all persons to believe that he has constituted some other man his agent, or because he has authorized only the party dealing with the supposed agent to so believe, For all responsibility rests upon two grounds, which are com monly united, but either of which alone is sufficient; one, the giving of actual authority; the other, such appearing to give authority as justifies those who deal with the supposed agent in believing that this authority was given him.

A general agent is one authorized to represent his principal in all his business, or in all his business of a particular kind A particular agent is one authorized to do only a specific thing or a few specified things. It is not always easy to discriminate between these; but it is often important, by reason of the rule that the authority of the general agent is measured by the usual scope and character of the business he is empowered to transact. By appointing him to do that business, the principal is considered as saying to the world that his agent has all the authority necessary to the doing of it in the usual way. And if the agent transcends his actual authority, but does not go beyond the natural and usual scope of the business, the principal is bound, unless the party with whom the general agent dealt knew that the agent exceeded his authority For if an agent does only what is natural and usual in transacting business for his principal, and yet goes beyond the limits prescribed by him, it is obvious that the principal must have put particular and unusual limitations to his authority; and these cannot affect the rights of a third party who deals with the agent in ignorance of these limitations. But, on the other hand, the rule is, that, if an agent who is specially authorized to do a specific thing exceeds his authority, the principal is not bound, because the party dealing with such agent must inquire for him self, and at his own peril, into the extent and limits of the authority given to the agent. Here, however, as before, if the party dealing with the agent, and inquiring, as he should, into