Page 3 - NACC

NATIONAL USURY
NATIONAL BANK GIFT-IS A BANK IN AMONG THE FEDERAL RESERVE SYSTEM, OUT OF THE FEDERALLY PRIVILEGED AND CHARTERED, BOARD OF GOVERNORS, GOVERNMENT, BEING COMMERCIAL CITY-DISTRICT-CLEARING-HOUSE BANKS OF SUR NAMES, IN AMONG THE UNITED STATES, AND FROM THE SEVERAL STATES, OF THE AMERICAN UNION, SUPERVISED THROUGH THE TRUST OFFICE, CONFERRED BY PUBLIC AUTHORITY, AND FORAPUBLICPURPOSE,OUTOFTHE1864NEWYORK STATESTATUE,WHICHFORMEDTHE UNIFORM COMMERCIAL CODE, COMPTROLLER, OF THE PAR VALUED, IN BLANK, SIGNATURE DOLLARS IN UNITED STATES CURRENCY, DISCOUNTED BY DE-PART- MENT OUT OF THE U.S. STATE REGISTRAR, OUT OF OR FROM THE TREASURY.
A NATIONAL BANK GIFT-IS CONTROLLED THROUGH A STATE, DE-PART-MENT BUSINESS OVER- SIGHT, MONEY TRANSMITTER REGULATOR’S ASSOCIATION, WITH A BOARD OF GOVERNORS, NATIONAL-CITY-DISTRICT GOVERNMENT, BEING FISCAL AGENT AND CENTRAL BANK, TO SWAP SIGNATURE CURRENCY DOLLARS INTO FEDERAL RESERVE PROMISSORY NOTES.
A NATIONAL BANK CHARTERED THROUGH, NOT FROM THE U.S. GOVERNMENT AND FORMLY AUTHORIZED TO ISSUE PROMISSORY NOTES, OUT OF PAR VALUED, SIGNATURE DOLLARS IN UNITED STATES CURRENCY, ENDORSED IN BLANK, THAT SERVE AS IF LAWFUL COINED MONEY, OUT OF SECURITY & EXCHANGE ACTS, OF CONGRESS CONTRACT, THAT CANNOT BE IMPAIRED, ACCORDING TO U.S. CONSTITUTION.
3
1