Chapter 6. making Saturday a half holiday for banking and trust company purposes in the District of Columbia
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/statutes-at-large/vol-27/chapter-6-1671115·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CHAP. 6.— An Act making Saturday a half holiday for banking and trust company purposes in the District of Columbia.December 22, 1892. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,District of Columbia. That it shall be lawful for trust companies, banks, and bankers in the city of Washington toSaturday to be half holiday for banks, etc. close their doors for business at twelve o’clock noon on each and every Saturday in the year, and every Saturday in the year after twelveAmended, see *post*, p. 755. o’clock noon shall be a legal half holiday so far as regards the presenting for the payment or acceptance and the protesting and giving notice ofPresenting, protesting notes, etc. the dishonor of bills of exchange, bank checks, drafts, promissory notes, and other negotiable paper, and for these purposes shall be treated and considered as the first day of the week, commonly called Sunday, without reference to whether any of said banks or trust companies do or do not close as aforesaid: and all such bills, checks, drafts, and notes presentable for acceptance or payment on Saturdays shall be deemed to be presentable for acceptance or payment on the secular or business day next succeeding: *Provided, however*, That all bills of exchange, drafts,*Provisos*.Payment of notes etc. and promissory notes made after the passage of this act, except those payable at sight or on demand, which shall be otherwise payable on any
(405)406 half-holiday Saturday, shall be deemed to be, and shall be, payable on Protests.the next succeeding secular or business day: *And provided further*, That for the purpose of protesting or otherwise holding liable any party to any bill of exchange, bank check, draft, or promissory note which shall not have been paid before twelve o’clock at noon on any half-holiday Saturday, a demand of acceptance or payment thereof may be made, and notice of protest or dishonor thereof may be given on the next Collections.succeeding secular or business day: *And provided further*, That when any person shall receive for collection in said city of Washington any bill of exchange, bank check, or promissory note due and presentable for acceptance or payment on any half-holiday Saturday, such person shall not be deemed guilty of neglect or omission of duty, nor incur any liability in not presenting for payment or acceptance or collecting such lull of exchange, bank check, draft, or promissory note on that day. Nothing in this section shall affect any legislation applicable to Legal holidays.any Saturday whenever the same, under the provision of said section, shall be a legal holiday. Sec. 2. That this act shall take effect from the date of its passage. Approved, December 22, 1892.