IV.   Consensus

An Instrument is a formal or legal document in writing memorializing some expressed Consensus concerning certain past, present or future events.

An Instrument is not a valid Instrument but an inferior or false document if it is not issued in accordance to these canons.

An Instrument may be Negotiable or Not-Negotiable:

(i) A Negotiable Instrument is a Form of Deed that creates a Temporary Trust granting the valid Holder of the Instrument either equitable or legal Title to a Form of Property or Rights based on an agreement by another party to make an unconditional promise or order for payment of a fixed amount of currency and any charges to a third party by a fixed time or on demand in the future. As the valid holder may then sell or buy and convey Title of this Deed without its alteration, it is called a Negotiable Instrument; and

(ii) A Not-Negotiable Instrument is a Form of Deed that explicitly prevents the creation of an additional Temporary Trust agreement usually through the printing of the words “Not Negotiable” prominently on its face.

Under Western Christian Law, Talmudic Law and Islamic Law, the ultimate property owner of all things is recognized as the Divine Creator. Therefore, all Instruments pertaining to the conveyance of Property or Rights have historically required some degree of ecclesiastical authority.

Under Western Christian Law, Talmudic Law and Islamic Law, not only is the Divine Creator considered the ultimate owner of all things, but that all real property was conveyed as a Grant to all men and women equally without Fee or Charge.

Contrary to deliberate obfuscation, from the 13th Century, the primary form of Instrument for the lawful conveyance of Property and Rights has been the Indulgence, created by Scrivener Notaries employed by the Roman Cult and its allies:

(i) In honor of the ancient Christian doctrine of the Divine Creator being the owner of all things, the Roman Cult claimed themselves to be “trustees”, also known as the “Curia”; and

(ii) In honor of the ancient promise that all real property was conveyed as a Grant to all men and women equally and free of charge, Indulgences could not reflect a monetary value for the transaction on the original; and

(iii) Instead, scrivener notaries could charge money for making copies of the original called “certified extracts”; and

(iv) To control the issuance of such Instruments, only “licensed” notaries were permitted to make copies with the first Private Guilds established in Rome, London, Zurich, Florence and Venice.

Modifications to the function of Indulgences from the 14th and 15th Century saw the introduction of the symbolic transaction of the smallest denomination or “peppercorn fee” in exchange for real property transfers plus the introduction of monetary values assigned to the instrument itself, rather than the transaction either as a stamp, coupon or some other addition.

Further corruptions to Indulgences in the 19th Century finally converted all real property transactions into patent contracts based around registration into centrally controlled registers and promises of protection, thus ending the strict requirements of traditional and real deeds.

Excluding certain limits of disclosure permitted for lawful currency, a valid holder of a Negotiable Instrument is a Person who can prove a lawful conveyance of the instrument to them through such a transaction being registered in a Great Register and Public Record of a valid Ucadian Society, including the provenance being history of all previous conveyances for the existence of the instrument.

Excluding certain limits of disclosure permitted for lawful currency, a person who is unable to prove lawful conveyance of a Negotiable Instrument to them is not entitled to be regarded as the Holder or Bearer, even if their name is listed on the physical document.

A Negotiable Instrument depends upon the existence of a Temporary Trust Relationship. The length of existence of the Trust is dependent upon the length of time the property remains in Trust before being conveyed either at a fixed maturity date, or upon being redeemed upon demand.

Any Statute, Code or Ordinance that claims to govern the function of Negotiable Instruments yet conceals or does not mention the implicit importance of the Temporary Trust personality of Negotiable Instruments is fraud. Therefore, any instruments created by such statutes, codes or ordinances are founded on fraud.

All valid Negotiable Instruments issued in accordance with these canons have the following essential characteristics:

(i) The promise or order to pay must be unconditional; and

(ii) The payment must be a specific sum of money, although additional charges may be added to the sum on conditions; and

(iii) Any form of interest calculation, also known in Latin as simus or saeptosimus (comound interest)  is strictly forbidden; and

(iv) The payment must be made on demand or at a definite time in the future; and

(v) The instrument must not require the person promising payment to perform any act other than paying the money specified; and

(vi) The instrument must be payable to bearer or to order.

When the holder of legal title of a negotiable instrument sells equitable title to another, the payment for tenancy and use shall be property called rent and not interest.

All Currency issued using property as underwriting is as Negotiable Instruments.

Any bank, treasury or financial institution that deliberately conceals payments under equitable title as interest or some other description instead of rent is guilty of gross fraud and immediately loses the right of legal title over any and all instruments committed through fraud.

When any bank, reserve bank or treasury deliberately conceals the issuing of currency and payments under equitable title as interest or some other description instead of rent consents by such fraud and concealment against the people that all liability shall be personally returned to the ultimate owners of the bank, then all leases shall be cancelled and all legal and equitable title shall be forfeited, including the right to remain as a central bank.

The two (2) primary forms of Negotiable Instruments are Drafts and Notes. A Draft is an instrument that orders a payment to be made at some future fixed date or on demand. A Note is an instrument that promises a payment will be made at some future fixed date or on demand.

When a valid Draft (Negotiable Instrument) is created, the person who is ordered to make payment is called the Drawee and the person who signs or is identified as the one ordering the payment is called the Drawer. When a Drawee accepts a draft they are then called the Acceptor.

When a valid Note (Negotiable Instrument) is created, the person who signs or is identified as the one promising to pay is called the Maker also known as the Payer, and the person who is identified as receiving the payment is called the Payee, or holder known as the Bearer.