My first steps to redeeming Lawful Money are underway, but I need guidance.

[Ambientlght]

IN the MILAM case where it says he was entitled to redeem the note but not entitled to redeem it in precious metal, how do you get that this was to mean entitled to redeem in lawful money or precious metal? To me it reads was entitled to redeem the note only in money or currency that the US borrowed from the federal reserve on their credit.
Clarification in this matter is appreciated.

Tom

[martin earl]

IN the MILAM case where it says he was entitled to redeem the note but not entitled to redeem it in precious metal, how do you get that this was to mean entitled to redeem in lawful money or precious metal? To me it reads was entitled to redeem the note only in money or currency that the US borrowed from the federal reserve on their credit.
Clarification in this matter is appreciated.

Tom

Tom, US treasury notes are not 'borrowed money' they are, in fact, backed directly by gold reserves at face value. While you and I cannot actually get our hands on the gold coins, they were in circulation in the past. Those coins are now held in trust and back up to 300 million in redeemed money.

The demand for lawful money per 12 USC 411 is a demand for backed, lawful US Notes, when 300 million +/- get redeemed in one year, then the US has an issue. I have wondered what would happen if a MEGA lotto winner demanded lawful money for a check over 300 million, since it would take the entire yearly supply of lawful money with one demand/restricted endorsement!!!

[DebasedCurrency]

*Update-

I went to the District Court yesterday to open up that misc. case file, but the clerk said I needed a case(?) to do so. Apparently, I have to actually be pursuing an action to open up a case file; They will not just hold my papers on file simply because I might need them as evidence in the future for an unspecified(in their view) reason. I may file the LoR, or something else, in order to accomplish my goal of opening an evidence repository. We'll see what is the most appropriate way to proceed...

In any event, I spoke to another suitor on the phone, someone much more knowledgable about these matters than myself, and it looks like I may be hiring a professional process server to deliver my notice/demand. I'll do whatever it takes to accomplish my goal.

For clarification, I'll photograph the actual letters, along with any other pertinent papers, and post them to this thread for reference.

[DebasedCurrency]

Images of the redemption process