Time: Wed Nov 13 16:31:13 1996 To: libertylaw@www.ultimate.org From: Paul Andrew Mitchell [address in tool bar] Subject: Lawful Money Cc: Bcc: At 03:06 PM 11/13/96 U, you wrote: >======================================================================= >LIBERTY LAW - CROSS THE BAR & MAKE YOUR PLEA - FIRST VIRTUAL COURT, USA >Presiding JOP: Tom Clark, Constable: Robert Happy, Clerk: Kerry Rushing >======================================================================= >Good question, I do know that this is the current section in title 12. It >leads me to believe that this is the correct and true definition. It is >separate from the legal tender laws...of which gold and silver coin are also >listed there. There is a big difference between legal tender and lawful >money. > >Also see Knox v Lee 12 Wall pg. 552; Mylan v US 524 F. 2d 629; and 102 US 792. > > >Does anyone have adjudicative fact of the definition or value of the dollar? >besides the cites I quoted above? Is there a definition in the US codes? Any >cite that FRNs are NOT dollars? Your insight appreciated. > >John Edward I can share with you the transcript of Dr. Edwin J. Vieira, Jr.'s lecture to the National Coalition to Reform Money and Taxes in the fall of 1991. I seem to remember him defining a dollar very precisely in that transcript. Do you want an attached copy, John Edward? Before I do so, please tell me your preferred encoding method: 1. BinHex (my default) 2. MIME 3. Uuencode /s/ Paul Mitchell > >------------------------------ >Date: 11/13/96 1:39 PM >To: John Burr >From: libertylaw@www.ultimate.org > >======================================================================= >LIBERTY LAW - CROSS THE BAR & MAKE YOUR PLEA - FIRST VIRTUAL COURT, USA >Presiding JOP: Tom Clark, Constable: Robert Happy, Clerk: Kerry Rushing >======================================================================= >Is this the Federal Reserve Act, >as amended and codified? > >/s/ Paul Mitchell > > >At 12:01 PM 11/13/96 U, you wrote: >>======================================================================= >>LIBERTY LAW - CROSS THE BAR & MAKE YOUR PLEA - FIRST VIRTUAL COURT, USA >>Presiding JOP: Tom Clark, Constable: Robert Happy, Clerk: Kerry Rushing >>======================================================================= >>something for your enjoyment... >> >>UNITED STATES CODE >> TITLE 12 - BANKS AND BANKING >> CHAPTER 2 - NATIONAL BANKS >> SUBCHAPTER IX - FORMATION OF ASSOCIATIONS TO ISSUE GOLD >>NOTES >> >> >> >>Sec 152. Lawful money reserve of associations issuing gold notes; receiving >>notes of other associations >> >>Every association organized under section 151 of this title shall at all >times >>keep on hand not less than 25 per centum of its outstanding >>circulation, in gold or silver coin of the United States; and shall receive >at >>par in the payment of debts the gold notes of every other such association >>which at the time of such payment is redeeming its circulating notes in gold >>coin of the United States, and shall be subject to all the provisions of >title >>62 of the Revised Statutes: Provided, That, in applying the same to >>associations organized for issuing gold notes, the terms ''lawful money'' and >>''lawful money of the United States'' shall be construed to mean gold or >>silver coin of the United States; and the circulation of such associations >>shall not be within the limitation of circulation mentioned in title 62 of >the >>Revised Statutes. >> >>Have fun >> >>John Edward >
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