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Where a bequest imposes an obligation on the legatee, he can take nothing
by it unless he accepts it fully.
Illustration
A, having shares in (X), a prosperous joint stock company and also shares in (Y), a joint stock company in
difficulties, in respect of which shares heavy calls are expected to be made, bequeaths to B all his shares in joint
stock companies; B refuses to accept the shares in (Y). He forfeits the shares in (X).
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