An acceptance is an engagement to pay the bill, the person writing the word accepted across the bill with his name under it. This may be absolute or qualified. An absolute acceptance is an engagement to pay the bill according to its request. A qualified acceptance undertakes to do it conditionally.
Bills are either inland or foreign. The inland bill is on one piece of paper; foreign bills generally consist of three parts called a “set;” so that should the bearer lose one, he may receive payment for the other. Each part contains a condition that it shall be paid provided the others are unpaid. These bills require to have a stamp of proper value to make them valid.
Forgeries of bills seldom consist of the whole bill, but either the acceptor’s signature, or that of the drawer, or the indorser. Sometimes the contents of the bill is altered to make it payable earlier.
These forgeries are not so numerous, and are frequently done by parties who get the bills in a surreptitious way. It often happens that one party draws the bill in another name, forging the acceptance, and passes it to a third party who is innocent of the forgery. If the person who forged the acceptance, pays the money to the bank where the bill is payable when it is due, the forgery is not detected. When he is not able to pay in the money it is discovered. It happens in this way: A B and C are commercial men, A stands well in the commercial world; B draws a bill in his name, and without his knowledge. The name of A being good, the bill passes to C without any suspicion. If B can meet it at the time it is due, A does not know that his name has been used.
If the bill is not paid at the proper time, C takes it to A, and thus discovers the forgery.
Forged Wills.—A will is a written document in which the testator disposes of his property after his death. It is not necessary that it should be written on stamped paper, as no stamp duty is required till the death of the testator, when the will is proved in court in the district where he resided. The essentials are that it should be legible, and so intelligible, that the testator’s intention can be clearly understood.
If the will is not signed by the testator, it must be signed by some other person by his direction, and in his presence; two or more witnesses being present who must attest that the will was signed, and the signature acknowledged by the testator in their presence.
No will is valid unless signed at the foot of the page, or at the end by the testator, or by some other person in his presence, and by his direction. Marriage revokes a will previously made.
A codicil is a supplement, or addition to the will, altering some part, or making an addition. It may be written on the same document, or on another paper, and folded up with the original instrument. There can only be one will, yet there may be a number of codicils attached to it, and the last is equally binding as the first, if they are not contradictory.
Forgeries of wills are generally done by relations, who get a fictitious will prepared in their favour contrary to the genuine will. On the death of the supposed testator, the forged will is put forth as the genuine one, and the other is destroyed.