Video title: A U.S. Depositary Bailment Money Order
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A4V is Grossly Wrong, in doing so we are releasing the Debtor from their obligation to make the Payment or the Settlement. ACCEPTILATION. In the civil and Scotch law. A release made by a creditor to his debtor of his debt, without receiving any consideration. Ayl. Fand. tit. 26, p. 570. It is a species of donation, but not subject to the forms of the latter, and is valid unless in fraud of creditors. Merl. Repert. The verbal extinction of a verbal contract, with a declaration that the debt has been paid when it has not; or the acceptance of something merely imaginary in satisfaction of a verbal contract. Sanders' Just. Inst. (5th Ed.) 386. ACCEPTOR, contracts. The person who agrees to pay a bill of exchange drawn upon him. There cannot be two separate acceptors of a bill of exchange, e. g. an acceptance by the drawee, and another for the honor of some party to the bill. Jackson v. Hudson, 2 Campb. N. P. C. 447. 2. The acceptor of a bill is the principal debtor, and the drawer the surety. He is bound, though he accepted without consideration, and for the sole accommodation of the drawer. By his acceptance he admits the drawer's handwriting, for, before acceptance it was incumbent upon him to inquire into the genuineness of the drawer's handwriting. 3 Burr. 1354; 1 Bla. Rep. 390, S. C.; 4 Dall. 234; 1 Binn. 27, S. C. When once made, the obligation of the acceptor is irrevocable. As to what amounts to an acceptance, see ante, Acceptance; Chitty on Bills, 242, et. seq.; 3 Kent, Com. 55, 6; Pothier, Traite du Contrat de Change, premiere part. n. 44. 3. The liability of the acceptor cannot in general be released or discharged, otherwise than by payment, or by express release or waiver, or by the act of limitations. Dougl. R. 247. What amounts to a waiver and discharge of the acceptor's liability, must depend on the circumstances of each particular case. Dougl. 236, 248; Bayl. on Bills, 90; Chitty on Bills, 249. Ballentine's Law Dictionary DEMAND, A claim; a legal obligation; a request to perform an alleged obligation; a written statement of a claim, Brennan v Swasey, 16 Cal 141: a requisition or request under a claim of right, Brackenridge v Texas, 27 Tex App 513, 11 SW 630; the assertion of a right to recover a sum of money from the person upon whom the demand is made. Mack v Hugger Bros. Constr. Co. 153 Tenn 260, 283 SW 448, 46 ALR 389, 392. “NO ACCEPTANCE IS GIVEN BY CAUTIONER” instead the following is a DEMANDED REIMBURSEMENT by Compelling them with the following; A “DEMAND OF PAYMENT” OR “DEMAND OF SETTLEMENT” owed by the debtor(s). Per Black's Law 1st; 1891 and Black's Law 4th; 1951 RIGHT OF RELIEF. In Scotch law. The RIGHT of a cautioner (surety) to demand reimbursement from the principal debtor, when he has been COMPELLED to pay the debt. 1 Bell, Comm. 347. We and our Vassal are the “Cautioner”, “Creditor” or “Principal Assurity”. The Principal Debtors are the local Bank, the Federal Reserve System or the “STATE” and/or “UNITED STATES” corporation by way of their Treasuries as they are Quasi Trustees.
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