Originally Posted by
RThomas
Shikamaru,
The definitions in blacks 1 through 5 of regular and irregular deposits (and general vs. special (>sounds like jurisdiction<)) expound on what I posted above which conceptually says the same as your noted post but in different words. Blacks 6 and forward removed the definitions. There are two non-identical types of money being used but the sum is the same. The definitions in Blacks show how the conversion takes place. Your paycheck (with a blank endorsement) is a general irregular deposit and its identical money is that type with substance which is loaned to the bank (they get vested title). They take your substantive money and (without disclosure) give back debt money (not ‘identical,’ but ‘other money’). These two monies are 180 degrees the opposite (mirror images) with the same sum (Blacks uses the terms ‘not the same money’ along with ‘a like sum’).
RThomas