122. Subject to the provisions of section 70 of the Bills of Exchange Law, Cap. 189, and subject to the power of the Court in any other case on. special grounds to order production to be dispensed with, every bill of exchange, promissory note, or other negotiable instrument or security upon which proof has been made, shall be exhibited to the trustee before payment of dividend thereon, and the amount of dividend paid shall he indorsed on the instrument.