Receipt. An acknowledgment of the payment of money or discharge of an obligation or an
acknowledgment of the possession of something.  A receipt of money is not always conclusive. A
receipt is held to be true until shown to be false. The one who alleges its falsity must prove his
allegation. When proved to be incorrect or false a receipt ceases to be binding. A check delivered
and paid is the best kind of evidence of the payment of an obligation.
It is a common practice of express companies to issue receipts relieving them of liability beyond
$50 for loss unless the value of the package is given at the time of shipment. This has been held
to be a reasonable condition on the ground that the express company in accepting goods of
greater value than $50 is entitled to be informed of the full value if it is to be held responsible
therefor in order that it may charge more for its service and take better care of the goods. When a
receipt containing a limitation of liability is accepted by the shipper he is assumed to have
assented to the condition and he is accordingly bound by it.