23; Roberts v. State Bank, 9 Port. (Ala.) 315.—Supra protest. In mercantile law. <A term applied to an acceptance of a bill by a third, person, after protest for nonacceptance by the drawee. 3 Kent, Comm. 87.—Waiver of protest. As applied to a note or bill, a waiver of protest implies not only dispensing with the formal act known as “protest;” but also with that which ordinarily must precede it, viz., demand and notice of non pay. ment. See Baker vy. Scott, 29 Kan. 186,