Cap. 13 ст. 239Running of times.

The times specified in the last preceding article shall commence to run -

(a) with regard to the holder of the bill, from the date of the protest for non-payment;

(b) with regard to each endorser, from the day on which the payment was demanded from him, if he pays voluntarily, or, otherwise, from the day on which a judicial demand for payment was made against him.