Formerly there was a distinction between a deed poll and an indenture. A deed poll was a deed made by one party, and having a polled or smooth-cut edge. Where a deed was made by two or more parties, and contained mutual covenants, it was copied for each on the same parchment, and the copies cut apart with indented edges, so as to enable them to be identified by fitting the parts together. Such deeds were called indentures. The distinction, even where it has not been abolished by statute, is no longer of any practical importance; but the terms are still used - the term "deed..poll" tosignifyadeed made by one party only, and the term "indenture," a deed made between two or more parties, all of whom execute it.
(a) The recitals are conclusive against the parties. They are said to be estopped thereby.
(b) It merges a prior simple contract.
(c) A right of action is not barred until the lapse of a longer time than in case of simple contracts.
(d) No consideration is necessary.