Redemption of Lawful Money at US Bank

[OlyThoreau]

Thank you all for the discussions posted here. They have really helped me out in making some headway. I'm currently working with three different banks on this issue, laying the groundwork for others more than anything. I was successful at redeeming lawful money with my paper check last week at US Bank. Still working on getting my signature card changed there. I'm also working with Bank of America to get a new checking account set up with a signature card that has the stamped demand for lawful money. I've set up an account with a credit union, that is refusing to let me amend my signature card. I'll probably be waiting until I have success with both US Bank and Bank of America before putting much more effort in at the credit union.

Thanks Again,
OT

[David Merrill]

Thank you!

[OlyThoreau]

Thank you all for the discussions posted here. They have really helped me out in making some headway. I'm currently working with three different banks on this issue, laying the groundwork for others more than anything. I was successful at redeeming lawful money with my paper check last week at US Bank. Still working on getting my signature card changed there. I'm also working with Bank of America to get a new checking account set up with a signature card that has the stamped demand for lawful money. I've set up an account with a credit union, that is refusing to let me amend my signature card. I'll probably be waiting until I have success with both US Bank and Bank of America before putting much more effort in at the credit union.

Thanks Again,
OT

Just an update. I've received the stamps I had made for my checks and deposit/withdrawal slips. I'm now stamping my checks with:

http://uscode.house.gov/download/pls/12C3.txt

I'm not using First Middle; dba Signature. No problem cashing the checks at all.

[Hbert997]

Just an update. I've received the stamps I had made for my checks and deposit/withdrawal slips. I'm now stamping my checks with:

http://uscode.house.gov/download/pls/12C3.txt

I'm not using First Middle; dba Signature. No problem cashing the checks at all.

Okay, I'm a bit confused... I HAVE been signing using my First Middle; then printing First Middle dba First Last. Should I NOT be signing at all?...just only using my "Redeemed etc." stamp? Because on my signature card I DID sign with my First Middle and then printed out First Middle dba First Last.

Thanks for the input.

Hbert

[David Merrill]

Okay, I'm a bit confused... I HAVE been signing using my First Middle; then printing First Middle dba First Last. Should I NOT be signing at all?...just only using my "Redeemed etc." stamp? Because on my signature card I DID sign with my First Middle and then printed out First Middle dba First Last.

Thanks for the input.

Hbert

This animal seems to be somewhat fleeting. I gather intelligence from anecdotes and conformity with current law. It may be that perceptions change. For example I just saw a fully FILED Default Judgment on a Libel of Review but it took over six weeks to happen; like they mulled it over and over and finally realized they had no choice but to honor the foreign true judgment. They had been trying over that time to dismiss but the Order was Refused for Cause properly.

What I am saying is that the signature, at least in my mind has been the endorsement of the Order for lawful money. You sign your Demand. But all along, I have only been advising that you sign your Demand so that the teller will process your paycheck, giving you the funds for your groceries etc. If there is a signature it goes a lot smoother at the bank.

When asking for a $40 refund at Lowe's and while a little distressed that the salesman sold me the wrong power tool battery I just signed, Lawful Money. That went so smoothly that I think I will adopt it more often.

[OlyThoreau]

Okay, I'm a bit confused... I HAVE been signing using my First Middle; then printing First Middle dba First Last. Should I NOT be signing at all?...just only using my "Redeemed etc." stamp? Because on my signature card I DID sign with my First Middle and then printed out First Middle dba First Last.

Thanks for the input.

Hbert

My understanding from reading posts from others around here is that it is just "First Middle (printed); dba First Last (signature)". David definitely knows more about this than I do. However, it is my opinion that if you can get away with just stamping the spot that asks for your endorsement without any signature at all, why not do it? I think this only makes it clear that you DO NOT endorse private credit, and leaves no room for argument that you do. I know that the tellers see what I have done because they always flip the check over, and I have red ink in my stamper.

[motla68]

As David has found out for himself as well you can acknowledge the obligation of the United States Treasury by simply signing " Lawful Money ", have stated here before that I have got some docs pushed through by not signing anything at all or just print the name. There is a school of thought have heard certain people consider when you sign you are actually cursing the instrument that is benefiting your neighbor. Who really has an obligation to sign? when you were given a birth certificate/ certificate of live birth from your parents did you have to sign for it or even receiving a SSN did you have to sign for that to receive one or did someone else do it for you?

This election form I recently got confirmation on, did not sign that one either, just printed the name.

[OlyThoreau]

As David has found out for himself as well you can acknowledge the obligation of the United States Treasury by simply signing " Lawful Money ",

What do you mean when you say "found out for himself"? What is the proof that David accomplished what he intended to by signing "Lawful Money"? A signature can be anything. It doesn't have to bear any resemblance to a person's legal name at all. I could sign everything with "XOXOXO" if I wanted to. I don't get the impression that someone signing with the phrase "lawful money" would constitute a demand of any kind. Perhaps I am missing an important piece of information that would help me understand.

[EZrhythm]

Point of interest - Most businesses who stamp their checks for deposit do not sign them. The stamp contains no signature:

"For Deposit Only"
[Bank name]
[Account number]

[motla68]

What do you mean when you say "found out for himself"? What is the proof that David accomplished what he intended to by signing "Lawful Money"? A signature can be anything. It doesn't have to bear any resemblance to a person's legal name at all. I could sign everything with "XOXOXO" if I wanted to. I don't get the impression that someone signing with the phrase "lawful money" would constitute a demand of any kind. Perhaps I am missing an important piece of information that would help me understand.

Check out the last line of post #5 in this same thread. Might be helpful to take some notes as your reading through these posts or create folders in your bookmarks for the different subjects.

[motla68]

Point of interest - Most businesses who stamp their checks for deposit do not sign them. The stamp contains no signature:

"For Deposit Only"
[Bank name]
[Account number]

And it is about to get even more interesting culminating some things from our original CS group to what is being accomplished now. I am envisioning a future where one can just say " I am my fathers son " and then handing over a copy of the recording for certificate of live birth as a " deed of gift " then things will be taken care of. I hear rumor this has been done, but nobody has sent me any artifacts to that which was told yet.

[Inhisimage]

WOULD THIS WORK?

Marc Fishman Lawful Money
Why not send the bank headquarters legal department a letter clarifying the character of the transactions associated with the account.

NOTICE OF BANK TRANSACTIONS CHARACTER

To whom it may concern:

I am writing you to clarify what may have been an incorrect presumption as to the nature of the transactions conducted through my account with your bank, number 123xxx. It is now and has always been my intent to use lawful money as described in the United States Code, Chapter 12, Section 411 in the conduct of all of my financial transactions. Thank you for taking the time to note this in my file with your bank.

Bless you.

[EZrhythm]

Technically there is nothing that "works" per say. Is it valid? Yes it is. Although I would title it as a NOTICE, record it in the public realm and send the bank a certified copy.

[motla68]

It would be better to just go in there and discuss with someone at that bank as a peaceful inhabitant would do how you can show your intent for lawful money of all transactions. If it is not a computer separating us from humanity it is that damn paper.

[Michael Joseph]

It would be better to just go in there and discuss with someone at that bank as a peaceful inhabitant would do how you can show your intent for lawful money of all transactions. If it is not a computer separating us from humanity it is that damn paper.

In regard to a Trust that I PROTECT, not as Trustee, but as Agent to Beneficiary who has power of direction, when setting up the account for the NAME OF TRUST, a honest friendly conversation occurred whereby the Trustee said it is our intention to only handle Lawful Money per 12USC411 so that we can remain without the Federal Reserve districts and cities; however, we are setting up a General Account whereby we know that the law that governs banking allows you to MIX the funds received with other types of deposits into a sort of General Fund. However, let us now be clear, when we come to withdraw the deposit, we expect to receive Lawful Money per 12USC411.

The banker had her manager oversee what we were doing, she called Legal - no problems. Confidence most times wins the day.

Analysis and Summary:

We deposit an instrument - redeeming it in Lawful Money - but we put it in General Deposit. The bank LOVES this. Why? Because they do not have to take the Lawful Money from their reserves and they get to employ Fractional Reserve Banking. Also, when we come to withdraw the money in Lawful Money- Cash - the banker is happy because he now has the Cash to pay and then some.

Win - Win all around. I suppose we could open a Special Deposit account and maybe one day we will, but how is that a win for the bank? A worker is worthy of his hire, yes? How does the bank receive compensation for money held, in Special Trust, on account? They can't do anything with it - nothing. I like the agreement where both sides win. So do others.