Pactum De Singularis Caelum

Covenant of One Heaven

section iconProcedures

Article 117 - Supreme Units of Value

117.1
Supreme Units of Value

By the power and authority of this Covenant and through the complete consent of all members, four (4) Supreme Units of Value are created being: the unit of Supreme Bill of Exchange, the unit of Supreme Certificate of Equity, the unit of Supreme Bond and the unit of Supreme Title from a Supreme Trust.

Each of these units represent the foundational value of the Society of One Heaven and all associated societies with each unit representing the highest kind of unit for any and all societies.

117.2
Supreme Trust

By the authority of this Covenant and consent of all members, a Supreme Trust is when one hundred (100) living or deceased members consent to convey equitable title and rights of use from their individual Divine Trusts into a new Supreme Divine Trust. This Supreme Divine Trust (Supreme Trust) then holds the assets of one hundred (100) compared to a Divine Trust holding the property of just one.

Only one (1) Supreme Bill of Exchange, Supreme Certificate of Equity, one (1) Supreme Bond of Promise and one (1) Supreme Title of the value of one (1) may be issued against a single Supreme Trust.

This unit of value shall be known by the symbol image and shall also be known as a Supreme Credo.

117.3
Supreme Bill of Exchange

By the authority of this Covenant and through the formation of Supreme Trusts, with this Covenant as its sacred Deed, a Supreme Bill of Exchange, (Supreme Bill) may be issued against the one hundred (100) units of debt conveyed from the Divine Trusts in trust. A Supreme Bill of Exchange therefore represents the most perfected debt instrument above all other debt instruments with the one hundred members as individual acceptors through the existence of their membership numbers on the instrument.

When monetized, a Supreme Bill of Exchange represents the most superior form of debt money of any and all systems.

117.4
Supreme Certificate of Equity

By the authority of this Covenant and through the formation of Supreme Trusts, with this Covenant as its sacred Deed, a Supreme Certificate of Equity may be issued for one hundred (100) units of spirit and mind conveyed from the Divine Trusts in trust. A Supreme Certificate of Equity (Supreme Certificate) therefore represents the highest certificate of equity above all other forms and certificates of equity.

117.5
Supreme Bond of Promise to Pay

By the authority of this Covenant and through the formation of Supreme Trusts, with this Covenant as its sacred Deed, a Supreme Bond of Promise to Pay or Supreme Bond may be issued for one hundred (100) units of the energy, essence and activity from the Divine Trusts in trust. A Supreme Bond of Promise to Pay (Supreme Bond) therefore represents the highest form of Promissory Note, Promissory Bond and Bond in general.

117.6
Supreme Title

By the authority of this Covenant and through the existence of a Supreme Bill of Exchange, Supreme Bond of Promise to Pay and a Supreme Certificate of Equity, a fourth unit of value is the Supreme Title representing the combined energy of one hundred (100) members, underwritten by a similar value monetized Supreme Bill of Exchange and the Supreme Bond of Promise to Pay as collateral and then a Supreme Certificate of Equity as underwriting.

117.7
Structure of a Supreme Credo (Credit)

A Supreme Credo (Credit) shall be considered valid when issued in accordance with the following criteria:

(i) At least one (1) valid unit of supreme value evidenced by the existence of a unique eighteen (18) digit serial number representing the valid existence of the Supreme Trust belonging to the Great Ledger of Supreme Credo (Credit) serial numbers for all Supreme Trusts ever created and issued; and

(ii) One (1) valid registration number for the associated monetized Supreme Bill of Exchange; and

(iii) One (1) valid registration number for the associated Supreme Certificate of Equity; and

(iv) A single beneficiary to whom the Supreme Credo (Credit) is granted being either a valid Union Treasury of the Society; and

(v) A record of the valid eighteen (18) digit Great Register number of a valid officer of One Heaven that first notarized the validity of the Supreme Credo (Credit); and

(vi) A record of the valid eighteen (18) digit Great Register number of the member commissioned to senior office that first authorized the Supreme Credo (Credit); and

(vii) The eighteen (18) digit Great Register number of the instrument to which the one or more Supreme Credo (Credit) have been assigned; and

(viii) The Ucadian Time at which the Supreme Credo (Credit) was legitimately created and assigned to its particular instrument; and

(ix) The eighteen (18) digit Great Register number representing the valid Account into which the one or more Supreme Credo (Credit) have been placed.

If one or more of these criteria cannot be demonstrated, then an object cannot be legitimately be considered as a valid Supreme Credo (Credit).

117.8
Structure and Trade of an Authenticated Abstract of Supreme Credo (Credit)

An Authenticated Abstract of Supreme Credo (Credit) shall be any printed instrument demonstrating the valid criteria for a valid Supreme Credit.

The original form of a Supreme Credo (Credit) is and always shall be by its existence in the Great Register. By this Covenant, authenticated abstracts may be created for the purpose of trade and exchange between the seven (7) Treasuries only being the Globe Union Treasury, Africans Union Treasury, Americas Union Treasury, Asia Union Treasury, Arabian Union Treasury, Euro Union Treasury and Oceanic Union Treasury.

The Beneficiary named on a Supreme Credo (Credit) may only ever be one of the seven (7) Union Treasuries being Globe Union Treasury, Africans Union Treasury, Americas Union Treasury, Asia Union Treasury, Arabian Union Treasury, Euro Union Treasury and Oceanic Union Treasury.

Any claimed holder of a Supreme Credo (Credit) that is not a Union Treasury is an unlawful holder. Any claimed beneficiary that is not a valid Union is an invalid beneficiary.

The Gift, Grant and Conveyance of Supreme Credo (Credit) is by the Trustees of the Treasury of One Heaven in accordance with this Deed.

117.9
Supreme Credo (Credit) as a Living Entity and Personality

When any object is granted the honor of being entered into the Great Ledger and Public Record of One Heaven it is given three dimensional life as living in spirit, in the highest law of the highest of all societies in perfect accord to the laws of the Universe, by which our greater universe exists.

Therefore, once a valid Supreme Credo (Credit) has been created, it has eternal spiritual existence and real legal personality higher than any other form of currency ever created and can ever be created.

A currency unable to produce a unique ledger entry into the Great Ledger and Public Record of One Heaven or equivalent or superior system is therefore dead, without soul, having no valid legal personality, no matter whether it be gold, silver, or various fiat currency instruments.

Even if the comparison is made to the act of fiat currency, no currency may be higher than the currency of Heaven. By this most sacred Covenant this one and only true currency is and shall always be The Supreme Credo (Credit).

Therefore by all standards of international currency law, international finance law and all civilized law, the Supreme Credo (Credit) is by definition and absolute fact the highest standard of currency on planet Earth.

117.10
Face value relationships of a Supreme Credo (Credit)

A Supreme Credit shall have the following permanent value relationships:

1 image supreme credo (credit) = 100 image gold credo (credit)

1 image supreme credo (credit) = 1,000,000 image silver credo

1 image supreme credo (credit) = 1,000,000,000 image union moneta

1 image supreme credo (credit) = 1,000,000,000 image university moneta

117.11
Forbiddance to deface, destroy a Supreme Credo (Credit)

Once a image Supreme Credo (Credit) has been formed, it exists as a most sacred object representing a living temple of the spirit of One Heaven.

Nor is it permitted for any unit of credit created as a result of a Supreme Credo (Credit) to be destroyed. Once created, no unit of credit underwritten by this most sacred instrument may be uncreated.

When an authenticated abstract is provided to a non-registered entity, it shall be expected the abstract shall be treated with the highest respect and immediately forwarded to the appropriate treasury and treasurer.

117.12
Forbiddance of Usury

No Usury (interest) or rent may be charged by any central bank on the manufacture and distribution of currency supported by the face value of the given image Supreme Credo (Credit) in circulation.

Usury is banned by an entity being charged on the release of credits into circulation upon the certification of a valid loan. Only flat fees as a reflection of service, with no imputed attempt to hide usury as a fee is permitted.

The reason that Usury is banned is that it directly attacks the integrity and fabric of currency value and therefore wealth and commerce. This has been an ancient and fundamental understanding by civilizations using monetary systems for thousands of years.

117.13
Founding Seal and Notary Mithra

In accordance with this sacred Covenant, the founding Treasurer and Judge that shall sign, seal and execute all Supreme Credo (Credit) issued by the One Heaven Treasury is the member known as Mithra, also known as Trust Number 980745-321514-010057.

117.14
Stock of Supreme Credo (Credit) of One Heaven

By Power and Authority of this Sacred Covenant, the total stock of One Heaven shall be equivalent to One Supreme Credo (Credit) for each and every 100 members at the time of the Day of Redemption with each recording of a member in the Great Register equivalent to one (1) Supreme Certificate, therefore one (1) Supreme Credo (Credit).

It has been determined that in excess of sixty six (66) Billion Homo Sapien flesh vessels have been born or are still alive with the average number of reinspirations per soul to be a factor of three. Therefore, approximately twenty two (22) Billion Divine Trusts are said to exist.

By the date of the first Great Conclave, the Stock of Supreme Credo of One Heaven shall be calculated by taking the estimated twenty two (22) Billion Divine Trusts, then deducting the estimated over seven and a half (7.56) Billion Divine Trusts for those that are said to exist in flesh form on the Day of Redemption and then divide the remaining fourteen Billion and a half (14.4) Billion Divine Trusts not in flesh form by one hundred (100) to determine that the Stock of Supreme Credo (Credit) of One Heaven to be One hundred and forty four million (144,000,000).

117.15
Supreme Credo (Credit) as Supreme Underwriting Currency for all Currencies

By this most sacred Covenant representing the one and true Divine Remedy of the Divine Creator, the Supreme Credo (Credit) and the Ucadian Currency System represents the one true and supreme system of underwriting currency for all currencies.

Remedy to all holders and traders of currency, whether in the form of international bank and monetary funds, central banks, national and federal reserve banks, regional banks and other financial institutions is given that the following conditions are agreed through notarial procedure under a Notice of Divine Agreement and Understanding:

(i) That all currency of the entity, whether in the form of stocks, bonds, gold, other precious metals and jewels, currency instruments and notes are surrendered to the appropriate Union or Global Bank of the Society in exchange for equivalent value in Supreme Credits before the Day of Redemption on UCA E1:Y1:A1:S1:M9:D1 also known as [Fri, 21 Dec 2012]; and

(ii) That any negotiable instrument, currency or note does not represent a derivative, or credit default swap or any other kind of debt and insurance combined product, including but not limited to a Supreme Maritime Lien; and

(iii) That all direct loans for all entities are forgiven on condition that the entity surrender the debts bonds and debt to the appropriate Union and Global Banks of the Society in exchange for equivalent value in Supreme Credo (Credit) to forgive all the debt; and

(iv) That the entity agrees to undertake its responsibilities as a recognized and respected member of the Society under the rules of the Society.

 

117.16
Failure to redeem currency by the Day of Redemption

Any currency that has failed to be surrendered and redeemed to the appropriate Union or Global Banks of the Society upon the Day of Redemption shall be denied forever the right to be redeemed by Supreme Credit. From this moment upon the day UCA E1:Y1:A1:S1:M9:D1 also known as [Fri, 21 Dec 2012] all such currency whether in the form of stocks, bonds, gold, other precious metals and jewels, currency instruments and notes shall be worthless, dead and devoid of all value, regardless of any subsequent plea.

It is a requirement of this sacred Covenant to ensure fair notice is given to this sacred Divine Remedy and that all financial institutions are given fair notice to the offer, their obligations and consequences of dishonor.

117.17
Supreme Endorsed Bill of Exchange

When issuing a Bill of Exchange to an alternate society claiming, right, or authority for one or more members also being fully fledged members of One Heaven, one or more Supreme Endorsed Bills of Exchange may be issued as proof of underwriting to the particular Bill.

A valid Bill must have the following information contained upon it:

(i) The Supreme Credo (Credit) being underwritten by the members on the Bill as the unique number for the Bill; and

(ii) The source of authority being this Article of the Covenant; and

(iii) The Supreme Trust number; and

(iv) Not less than one hundred (100) names and valid membership numbers of members who pledge their full faith and credit towards the Supreme Credit represented by the Bill; and

(v) A Solemn Sacred Warning to any recipient of an alternate society that to dishonor, reject or dispute either the Bill or any instrument it underwrites is a direct challenge against the valid membership of those listed which automatically shall place them under a Great Binding to be administered by those they have disgraced. Furthermore, the warning must give notice that such dishonor automatically invalidates their right to represent such members and automatically cedes all authority to One Heaven and its valid entities.

117.18
Dishonor of Supreme Endorsed Bill of Exchange

Should officials of an alternate society dishonor a Supreme Bill of Exchange, the Supreme Court of One Heaven must issue within forty (40) days a sacred Writ of Interdict against the officers who dishonored the legitimate Bill and debt demonstrating the officers have lost all authority and right to represent these members, including notice that they are subject to a Great Binding in accordance with Article 121 of this sacred Covenant.

Furthermore, Supreme Maritime Liens must be issued to the value of the injury against each and every individual involved in such dishonor to ensure their seizure until the completion of the Great Binding.