Lawful Money and the Bank

[doug-again]

My point was basically that they have fiduciary responsibility to stockholders. Shutting down even an interest-free account is unwise. For example you have the right to go buy a picketing license and walk back and forth in front of their bank with a big sign tied on - front and back. They may go asunder anyway, just out of poor risk management.

No way man, i'm not gonna picket the bank, nor would i threaten to. i work with my hands. That's like, so psycho. i hope yer kidding.
i asked today whether it was in the interest of the bank's shareholders for her to be turning away business. answer was to the tune of, 'no, but our policy does not permit constrictive endorsements." Yes, she said constrictive.
An account may be terminated by them for any reason, and visa versa.
i did not get an audience with the attorner.
i gave verbal consent to close the account.
i did not have to sign anything. It's done.

None of the sweet talk discussed earlier, moved her.
The idea of me holding a possible, future inheritance, didn't move her.
Per chance i follow Nara into the public side of commerce, getting a loan from her bank someday, didn't interest her.
It was how i imagine it would be like to reason with a robot.

(K) Check Legends. We may disregard information on any check or item other than the signature of the drawer, the identification of the drawee financial institution and payee, the amount, the endorsements, and any other information that appears on the MICR line. In addition, we are not responsible to take any action on, or for failure to notify you of restrictive language placed on checks or other items, including but not limited to terms such as, "Void after 90 days," "Paid in Full," "Two Signatures Required," "Void Over $100," or similar statements. In accordance with reasonable banking standards, most checks and other items are processed through automated processing and, except in limited circumstances and in our discration, most items are not individually examined. .... We may agree to adhere to extraneous legends if you notify us of such legends and we have agreed in writing to such legends."

The above part of the agreement i signed, was claimed as the notice to me of the bank's policy. i read this prior to contracting with them, and did not, nor do i interpret it either as bolstering her claim that only a signature is allowed on the signature card, or that All Rights Reserved and the title 12 stamp somehow restrict her bank. i hate express contracts; Beelzebubian froth, i say. & i hate how legal beagles say you can just novate them; as if the systemites haven't dealt with enough wackos like us, to be on the lookout for it by now.

Right there in the agreement, was a clause allowing them to snatch my funds.
i'm sorry this wasn't more entertaining. i really want to learn what 'loid knows, and how he applies it, but i'm not gonna accuse them of violating the law, and NOT file criminal charges; and i am incompetent to see that through alone right now.

There was really no use arguing with, or entreating her. i tried the latter first, and gently attempted the former. She had her orders from the higher ups, and stated her belief that there was no advantage to either of us in continuing the relationship.

'loid, i would have enjoyed pesenting a copy of 18 USC 241, but i don't know how to use a financing statement to protect funds on account. On SJC, Nara turned me onto some obscure treatise that explained all that bailor/ bailee crapola, but for me, it was like trying to apply trigonometry to running a day care center. Sorry

i mentioned 'continuity of experience' earlier, and that was a reference to what Robert Persig writes about in Zen and the Art of Motorcycle Maintenance, and some later in Lila. As an example, one could compare the accessibility of the volkswagon factory repair manual for a '67 bug, to that of John Muir's How to Keep Your Volkswagon Alive...for the Compleat Idiot. The former presents information with the experience presumed to be in the mind of the reader. The later is opposite: folks who hate grease and oil - and don't even own a vw - are storied to read the tome for entertainment. That is, the continuity in the writer's mind is conveyed to that of the reader, who may: enter the word picture and see the the position of the generator in relation to that of the piston sleeve, feel the eyes & nose sting in the face of a lean exhaust, hear the sound of a rod ready to pull free.

alloidial, i beg you to continue to share your experiences, and your unique angles.
It's really helpful to me.
thanks,
d./