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  1. #10
    Senior Member Michael Joseph's Avatar
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    The property in the hands of an heir, executor, administrator or trustee, which is legally or equitably chargeable with the obligations, which such heir, executor, administrator or other trustee, is, as such, required to discharge, is called assets. The term is derived from the French word assez, enough; that is, the heir or trustee has enough property. But the property is still called assets, although there may not be enough to discharge all the obligations; and the heir, executor, &c., is chargeable in distribution as far as such property extends.

    I mean this is the definition of Charge. One who issues a Charge must discharge the Charge upon the owners Estate. Who Owns the Property or Asset? If I am mere user, I am not Owner. How can I discharge the Charge?

    Is not Right = Property. What then of Privilege extending from Right? Is it not still within Property? So who holds the Legal/Equitable Title. It can't be me, if i am mere user.

    so we can't have it both ways. Either I am liable and if such, I am trustee or I am not liable, I am user. but if trustee, when did i take an oath? Constructive Trustee? did I commit a tort?

    Clearly Driving is said to be a privilege coming from legal right. So who holds that Property [privilege] in trust? Not me. You? I doubt it. So then who is responsible for that Right and the Privilege? If I am mere user of that privilege, I am not responsible and I cannot discharge any charges that issue as a result of that privilege.

    State as fig leaves - a covering.

    Isaiah 25:7 And he will destroy in this mountain the face of the covering cast over all people, and the vail that is spread over all nations.
    Last edited by Michael Joseph; 06-20-11 at 09:27 PM.
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