12USC411,95a(2)

The Full-Discharge-Instrument folder contains documentation that explains how lawful money can be demanded by people by choice of the option provided in HJR-192 and as codified in 12 USC 411 , and to demand a full discharge of the related obligations when said lawful money as United States Notes in the form of Federal Reserve Notes are presented as payment for same, to wit:

On April 5, 1933, the physical possession and legal title to lawful money (gold) was taken from the people. But the people had to retain the equitable title to this lawful money or else it would have amounted to theft, and Congressman Louis Thomas McFadden’s charges of theft and treason on May 23, 1933 lodged with the Judiciary would have required prosecution.  These charges were mitigated by the passing of HJR 192 on June 5, 1933 which provided for the possibility of “discharge upon payment” of all obligations. This remedy was subtly effected by two United States Codes: 1) 12 USC 411 which provides access to this lawful money “upon demand”, and 2) 12 USC 95a(2) which assures “full discharge” of all obligations upon assignment or transfer of payments to the United States.  Later, the State provided people a Certificate of Live Birth (COLB) as evidence of the people’s equitable title to their labor taken by the State at birth (to mitigate similar charges of theft and involuntary servitude).

This COLB creates a PERSON identified by the NAME of an INFANT that is presumed abandoned by the mother/informant at a birth event and, after seven years of non-appearance/activity, is also presumed dead, enabling the State to become the Executor of the INFANT’s “estate” in probate.  However, this presumption of death always has the possibility of being rebutted by a subsequent “appearance” of the INFANT as being “alive”.  Therefore, this equitable title exists in the form of a “reversionary interest” in this INFANT’s property/labor “estate”.  Once Proof of Life* for INFANT is established, said “reversionary interest” in the decedent’s estate re-vests in the INFANT as the “living beneficiary” of same.  Said INFANT must thereafter, in order to honorably perform the terms of the 1933 constructive trust to discharge obligations incurred by said INFANT, assign or transfer (partially or wholly) said “reversionary interest”, in the form of lawful money demanded (12 USC 411), to the United States who, in turn, as trustee thereof, must then apply said lawful money interest payment as full discharge of the obligation to the extent thereof by operation of law (12 USC 95a(2)).

An indorsed bill is an instrument that performs said assignment or transfer by said INFANT.

Notice that the amount on the original presentment is a positive number – representing the CREDIT of the NATION extended by the people in the form of labor expended to produce all of the products and services in the nation.  The INFANT holds the equitable title to this CREDIT, and is liable to release this credit to the United States as payment.  The presentment just needs the INFANT’s authorization/instruction added to it to properly transfer this equitable title to the United States.  Then both the legal and equitable titles of both the credit and the obligation amounts are now vested in that one piece of paper, and when that signed instrument is returned to the party that sent it, then that party is now the Holder in due course of the legal and equitable titles to both the asset and liability amounts for that account and must then present that Lawful Money Full Discharge Instrument to the United States as payment, or else, by refusal to present payment to the United States or to provide in return evidence of dishonor of same by the Unites States for acceptance for honor supra protest, the debt is discharged by operation of law (UCC 3-603, as enacted in State general statutes and codes) for the INFANT, and the person now holding that instrument becomes liable for that payment as the Holder in Due Course thereof.

Therefore, with said instrument being tendered in good faith and in reliance on 12 USC 95a(2) and 12 USC 411, it is required by law that the recipient of a Lawful Money Full Discharge Instrument make presentment thereof to the United States Treasury as lawful payment and full discharge to reduce our national debt and thereby improve our national security, and in the event of dishonor of same by the United States Treasury, to return said instrument with cause for dishonor to allow for acceptance for honor supra protest of same.

Misappropriation of such an instrument constitutes probable cause for reporting embezzlement of public money to the authorities in compliance with 18 USC 4 and 641.  Note that certain federal and state accounting procedures and regulations require timely ledgering of such payments, usually within two business days.

A very clear and comprehensive explanation of this 12 USC 411 Federal Reserve Act Remedy can be seen here:https://www.youtube.com/watch?v=DU6fxC5CXMg

A second video can be seen here:
https://docs.google.com/file/d/0B1EaV_bU7VImNjA0NTQ5MTItNTg2Mi00N2QyLWE5Y2UtMDMzNGU0YWE3NWE5/edit?hl=en#

5 thoughts on “12USC411,95a(2)

    • These may help:
      https://www.law.cornell.edu/uscode/text/12/24
      Seventh. To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of title 62 of the Revised Statutes. The business of dealing in securities and stock by the association shall be limited to purchasing and selling such securities and stock without recourse, solely upon the order, and for the account of, customers, and in no case for its own account, and the association shall not underwrite any issue of securities or stock; Provided …

      http://freedom-school.com/money/ultra-vires-banks.html
      The United States Code, Title 12, Section 24, Paragraph 7 confers upon a bank the power to lend its money, not it’s credit. In First National Bank of Tallapoosa vs. Monroe, 135 Ga 614; 69 S.E. 1123 (1911), the court, after citing the statue heretofore said, “The provisions referred to do not give power to a national bank to guarantee the payment of the obligations of others solely for their benefit, nor is there any authority to issue them through such power incidental of the business of banking. A bank can lend its money, not its credit.” Meanwhile, they do it anyway from a profit motive, even though it flies in the face of their primary duty to protect people’s money.

      A national bank cannot lend its credit or become the guarantor of the obligation of another unless it owns or has an interest in the obligation guaranteed especially where it receives no benefits therefrom. Citizens’ Nat. Bank of Cameron v. Good Roads Gravel Co., Tex.Civ.App.1921, 236S.W. 153, dismissed w.o.j. A national bank has no power to guarantee the performance of a contract made for the sole benefit of another. First Nat. Bank v. Crespi & Co., Tex.Civ.App.1920, 217 S.W. 705, dismissed w.o.j.

      National banks have no power to negotiate loans for others. Pollock v. Lumbermen’s Nat. Bank of Portland, Or.1917, 168 P. 616, 86 Or. 324.

      A national bank cannot act as broker in lending its depositors’ money to third persons. Byron v.First Nat. Bank of Roseburg, Or.1915, 146 P. 516, 75 Or. 296.

      A national bank is not authorized to act as a broker in loaning the money of others. Grow v.Cockrill, Ark.1897, 39 S.W. 60, 63 Ark. 418. See, also, Keyser v. Hitz, Dist.Col.1883, 2 Mackey,513.

      Officers of national bank in handling its funds are acting in a fiduciary capacity, and cannot make loans and furnish money contrary to law or in such improvident manner as to imperil its funds.First Nat. Bank v. Humphreys, Okla.1917, 168 P. 410, 66 Okla. 186.

      Representations made by bank president to proposed surety as to borrower’s assets, in connection with proposed loan by bank, held binding on bank. Young v. Goetting, C.C.A.5 (Tex.) 1926, 16F.2d 248. Bank is liable for its vice president’s participation in scheme to defraud depositor by facilitating prompt withdrawal of his money. National City Bank v. Carter, C.C.A.6 (Tenn.) 1926, 14 F.2d940.

      A national bank receiving the proceeds of a customer’s note and mortgage with authority to pay out the same upon a first mortgage lien upon real estate is acting intra vires and liable for breach of its duty. Brandenburg v. First Nat. Bank of Casselton, N.D.1921, 183 N.W. 643, 48 N.D. 176.

      It has been held that the right to discount and negotiate notes, etc., goes no further than to authorize the taking of them in return for a loan of money made on the strength of the promises contained in them, and does not contemplate a purchase in the market. Lazear v. National Union Bank,Md.1879, 52 Md. 78, 36 Am.Rep. 355. See, also, Rochester First Nat. Bank v. Pierson, 1877, 24Minn. 140, 31 Am.Rep. 341.

      National bank is not authorized under national banking laws to lend deposited money on depositor’s behalf. Carr v. Weiser State Bank of Weiser, Idaho 1937, 66 P.2d 1116, 57 Idaho 599. Under this section, a national bank had no authority to enter into a contract for loaning money of a depositor kept in a deposit account through its cashier authorized by the depositor to draw thereon to make loans. Holmes v. Uvalde Nat. Bank, Tex.Civ.App.1920, 222 S.W. 640, error refused.

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  1. Banks are allowed to lend only their own assets. They are forbidden to lend their customers’ assets. And they are forbidden to lend ‘credit’, ie. money of account that they make “out of thin air” based on their customer’s promissory note.

  2. No I don’t know the legal cite but, they’re just loaning you your equity on loan from the property owner that is used for exchange. They’re loaning you your own ‘money’. I look for that law. Interesting enough all the U.S. banking codes show that ‘non-resident aliens’ not engaged in business within the U.S. are exempt from providing ‘identification numbers’ (ssn or otherwise) attached to accounts.

    That would be under, let’s see; CFR TITLE 31—Money & Finance: Treasury > Subtitle B—REGULATIONS RELATING TO MONEY & FINANCE (CONTINUED) > CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY > SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE > PART 306—GENERAL REGULATIONS GOVERNING U.S. SECURITIES > Subpart B—Registration §306.10 General. …FOOTNOTE: Taxpayer identifying numbers are not required for foreign governments, nonresident aliens not engaged in trade or business within the United States,…

    and this one too, they kinda twist it up a bit here, bear with me;
    CFR TITLE 31—Money & Finance: Treasury > Subtitle B—REGULATIONS RELATING TO MONEY & FINANCE (CONTINUED) > CHAPTER X—FINANCIAL CRIMES ENFORCEMENT NETWORK, DEPARTMENT OF THE TREASURY > PART 1020—RULE FOR BANKS > Subpart D—Records Required To Be Maintained By Banks §1020.410 Records to be made & retained by banks. …(b)(1)…Where a person is a non-resident alien, the bank shall also record the person’s passport number or a description of some other government document used to verify his identity. (3) A taxpayer identification number required under paragraph (b)(1) of this section need not be secured for accounts or transactions with the following: …(x) Non-resident aliens who are not engaged in a trade or business in the United States.

    Then you get to codes like this… that clearly cause one to question ‘their’ legal status; §416.1610 How to prove you are a citizen or a national of the United States. That stuff just goes on & on. Utimately they’re not going to let anyone but themselves use the system they’ve created to benefit themselves. By them-they I refer to the ones loaning money to governments.

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