The Tender For Law

Volume 5

Jan 09, 2014 6:24 PM

Beverly Berta Braakschmack

I have a weird question. If say you wanted to pay off a line of credit or something. Rather than sending your payment to the bank that holds the account, would you send your payment to the Bank of Canada instead?

The reason for this question is that if chartered banks fractionalize deposits, then sending payment into the Bank of Canada would deter this from happening? Scott?

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August le Blanc

Essentially, If one has in followed instructions, as laid out here. The duly authorized trustee corporation would take care of that. Acing in Private as is its own bank using simple accounting. The lien has equitable title. It is the thing, done in private that secures the accounts. enabllins the private generation of credit to offset the things.

August le Blanc

You always write a memo for what it is for. For deposit only in a non interest bearing private account. The government or bank cannot do anything with this private matter. NO Interest in it. It is a non interest bearing corporate checking account Not associated with any numbers of the person in the back pocket. You only use what you spend. So it is an exchange medium. You are not leaving things on deposit you generate credit as needed so the thing is spent.

August le Blanc

Cash = Private corporate thing. Check = private exchange medium of a private company. The private corporate account is the exchange account in which, the duly authorized trustee corporation, deposits the credit it creates by filling out a promise to pay. Like a check :-)

August le Blanc

The asset has property, Under the NAME� It is administered properly by proper notice and other such things. The lien puts up a huge warning sign to be left alone in commerce by other entities. Through seal and signature, the corporation now has the ability to generate credit on behalf of someone via a secured instrument. That the PRIVATE BANK ( the duly authorized trustee corporation) = CURRENCY EXCHANGE: holds as collateral for such exchanges. Value is determined by an assessment of properties.

August le Blanc

Me either� But I seem to need a lot of rest now. Like a lifetimes worth. At the little place called Alberta Registries, off the shelf. About $300.00 for a numbered company that operates as BOB UNCLE LTD.

August le Blanc

Yes, I jumped early what can I say :-), However, we can have a parent company. fixing that� It is still private thing and a holding company. Trust law is the highest form of law, it is STILL PRIVATE. It is limited liability. A private thing can decide if it wants to create joinder, the corporation still has to pay taxes once a year, so we do with credit we create� It is PRIVATE, once public notice is given, move on to next thing�.

August le Blanc

Did you know according to my research, private trusts are very difficult to deal with, especially in matters of property. . Lawyers and other entities do not like to deal with them because of said difficulty. :-D

August le Blanc

Oops, Braakschmaacker� Here is the answer I think you were looking for� So in furtherance to the joinder issue, once the thing is granted by the grantors and creators, by the legal person and the which ever govt of the day, it is done - the role is fulfilled and never heard from again. Joinder is needed for somethings. Not a free dumb thing.