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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 ?
After landing in the water, the boy became tired and his friends panicked after they lost sight of him.
THE CONFRONTATION Your pal has apparently lost sight of the downside to spreading rumors.
Weiser is a successful business executive who has not lost sight of one of his favorite Hebrew sayings, which he eloquently translates: "The garments of a dead person have not pockets," he says.
Have they lost sight of the fact that this is a doll for six and seven-year-olds to play make believe?
Lastly, Valmont has never lost sight of the fact that growers purchase our equipment because it helps them make money.
The pilot of the aircraft - which was carrying 87 passengers and six crew members from the Amazon city of Manuas to Rio Branco - reportedly lost sight of the runway after landing in heavy fog at the airport.
First, the UCR Program has never lost sight of its purpose: to collect accurate and pertinent crime data for the daily use of law enforcement, as well as the government and citizens of this nation.
Beolco, the "counter-Renaissance figure" (197), steeped in the culture of Bembo, Petrarch, Erasmus and the classics, never lost sight of the reality that was playing out around him.
A: We've lost sight of writing a law with a very specific purpose, determining whether it accomplishes that goal, and enforcing it appropriately if it does.
However, Tambien lost sight of that magic, and the rest of the film was about as appetizing as cold beef.
In so doing, ICEL lost sight of a clear truth; namely, that for language to be inclusive, it must include both sexes.
The assistant chased the man but lost sight of him in Fisher Road.