Sight

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SIGHT, contracts. Bills of exchange are frequently made payable at sight, that is, on presentment, which might be taken naturally to mean that the bill should then be paid without further delay; but although the point be not clearly settled, it seems the drawee is entitled to the days of grace. Beaw. Lex Mer. pl. 256; Kyd on Bills, 10; Chit. on Bills, 343-4; Bayley on Bills, 42, 109, 110; Selw. N. P. 339.
     2.-The holder of a bill payable at sight, is required to use due diligence to put it into circulation, or have it presented for acceptance within a reasonable time. 20 John. 146; 7 Cowen, 705; 12 Pick. 399 13 Mass. 137; 4 Mason, 336; 5 Mason's 118; 1 McCord, 322; 1 Hawks, 195.
     3. When the bill is payable any number of days after sight, the time begins to run from the period of presentment and acceptance, and not from the time of mere presentment. 1 Mason, 176; 20 John. 176.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
As the floods continued to cause havoc, car thieves and flood sight-seers were becoming a major problem.
Distant reservoirs are drained so that sight-seers can gather in shining halls of porcelain and chrome.
He also has to put up with unwelcome attention from reporters/photographers, newspapers, and sight-seers, so it is no wonder if the poor chap has become thoroughly unsettled.
710 MILLION - The number of hikers, sight-seers and other forest visitors who suddenly disappeared when Forest Service released its latest figures on recreational usage of our national forests.
"I had a pounds 10 minimum sign up but all these women, I call them sight-seers, come up with pounds 1 each way on the favourite or Frankie Dettori's mounts.
Officials had tried to hide identifying marks to deter ghoulish sight-seers. They placed large mats over the G at the entrance.
More than a quarter more UK-based sight-seers came to Merseyside in 2008 than 2007.
For sight-seers the only problem is choosing what to see, with 237 monuments, 223 museums and galleries, 35 theatres and 12 concert halls.
Nobody will have ached as badly, as Milan made United look like San Siro sight-seers.
The East Side, is the answer to the tourists' and sight-seers' prayers: The Empire State Building, Chrysler Building, Rockefeller Center, Grand Central Station, the United Nations, etc., etc.
The shifting knot of sight-seers craning for a glimpse of Eddie Irvine and Johnny Herbert was appreciably bigger and more enthusiastic than the audiences paying court to Michael Schumacher, Mika Hakkinen and co - and the huge press corps which trails Bernie Ecclestone's flying circus round the globe, as cynical a 'been there seen that' crew as you could wish to meet, seemed to find the Jaguar pits an equally irresistible magnet.