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 ?
Meanwhile, it was a sad old sight this week when Cheryl stepped out of a Scottish hotel looking like she'd rejoined the lollipop head brigade.
Tom, a bus enthusiast, was reminded of the old sight with the introduction of the new "super" double-decker buses by Travel West Midlands in the last couple of weeks.
"He would always say 'Would you like a bit tonight?' and she would shout back 'You dirty old sight' and then walk off.
So, if you're done with Disney or fancy a Paris break that isn't just the Eiffel Tower and the same old sights, you might just find that it 'as to travel file | JAMES CARTLEDGE visited as a guest of Parc Asterix.
OF late there has been reports of the noted and remarkable revival of old sights and sounds of Lahore.