Just a follow-up on my question to the assistant bank manager…finding the truth. Modern Money Mechanics www.freedrive.com Bank of Canada Act laws-lois.justice.gc.ca Canadian Payments Act laws.justice.gc.ca Financial Administration Act laws-lois.justice.gc.ca Bills of Exchange Act laws-lois.justice.gc.ca A treatise on the law of promissory notes and bills of exchange books.google.ca Uniform Commercial Code www.law.cornell.edu The Money and credit first came into existence when they credited it. Mr. Morgan admitted that no United States Law of Statute existed which gave him the right to do this. A lawful consideration must exist and be tendered to support the note. (See Anheuser Busch Brewing Co. v. Emma Mason, 44 Minn. 318. 46 NW 558. ) The Jury found there was no lawful consideration and I agree Only God can create something of value out of nothing. Montgomery Bank vs. Jerome Daly. “It has been settled beyond controversy that a national bank, under federal Law being limited in its powers and capacity, cannot lend its credit by guaranteeing the debts of another. All such contracts entered into by its officers are ultra vires”. Howard & Foster Co. v. Citizens Nat’l Bank of Union, 133 SC 202, 130 SE 759(1926). “In the federal courts, it is well established that a national bank has not power to lend its credit to another by becoming surety, indorser, or guarantor for him.”‘ Farmers and Miners Bank v. Bluefield Nat ‘l Bank, 11 F 2d 83, 271 US 669. “A national bank has no …
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