Federal Reserve agents

[Michael Joseph]

Title 12 USC §411 Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank.

Seems to me federal reserve notes are for use by Federal Reserve agents to make advances and for no other purpose. If your not a federal reserve agent then what does redeeming them in lawful money do? Shouldn't only federal reserve agents be able to redeem them?

To fulfill the law in love we make a DEMAND FOR LAWFUL MONEY - it is the Trustee by and thru his/her/its Agent [Agent for Trustee] that does the Redemption. But on my side of the Teller - I can only make a Demand for lawful money.

A century back gold certificates were issued. See that a Certificate is sort of like a Beneficial Interest. The Certificate was EVIDENCE of Interest. So the BEARER [Unnamed Beneficiary] would present the Certificate to a Trustee and the Trustee would tender the gold being held in Trust. If you stop and think you will see the same operation today in Trust Law. Therefore the Trustee is holding the Property in Trust and the Usufruct is granted to the third party beneficiary.

IN my opinion to say that I redeemed the money is a tort. I can only demand that the money be redeemed per 12USC411. Whether or not that occurs is not up to me.

It is long been established well into antiquity that Agent binds Principal.

shalom,
mj