USING HOWSE IBOE
July 15, 2022
In 1836, when TEXAS became a republic, Article IV Section 13 of the CONSTITUTION OF TEXAS incorporated ENGLISH COMMON LAW as authority for Texas.
In 1913 the FEDERAL RESERVE ACT became law in the UNITED STATES.
See https://www.federalreserve.gov/aboutthefed/section13.htm
In that law it specifically states that “Any Federal reserve bank may receive… …deposits of current funds in lawful money… …and also, for collection, maturing notes and bills”.
Thus, enshrining the acceptance “for collection” of maturing bills of exchange.
In https://www.change2100.com/X4GTD/contents/en-us/d3737_353.-PRECEDENT-COURT-CASE-RULING-THAT-IBOE-AND-PN-ARE-CASH-FUNDS-.html it became part of ENGLISH COMMON LAW that “We have repeatedly said in this court that a Bill of Exchange or Promissory Note is to be treated as cash. It is to be honoured unless there is some good reason to the contrary”.
Thus, as per ENGLISH COMMON LAW, Bills of Exchange and Promissory Notes, in application of the FEDERAL RESERVE ACT, may be used as per “Any Federal reserve bank may receive… …deposits of current funds in lawful money”.
HOWSE SERVICES, INC (“HOWSE”) buys air-water systems and leaves them on consignment for resale or lease.
Thus https://www.change2100.com/X4GTD/contents/en-us/d3316_FORT-HANCOCK-WATER-CONTROL-AND-IMPROVEMENT-DISTRICT.html (“DECLARATION”) is applicable.
Which means that https://www.change2100.com/IBOE/iboe.html (“HOWSE IBOE”), as well as legitimate Bills of Exchange and Promissory Notes accepted by HOWSE through business, when presented by HOWSE, are to be accepted and processed as CURRENT FUNDS IN LAWFUL MONEY as per DECLARATION.
In conclusion, any entity working with Bills of Exchange or Promissory Notes presented by HOWSE is in full conformity with and protected by law!
COROLLARIES
A CENTRAL BANK may consider using a HOWSE IBOE as UNITED STATES DOLLARS held as “cash reserves” to then place funds into circulation within its jurisdiction.
A commercial bank may consider accepting HOWSE IBOE as UNITED STATES DOLLARS on deposit or as capital assets.
Any entity may consider using HOWSE IBOE as currency to undertake business with other entities.
But HOWSE will only accept any such consideration if there is a plan accepted by all parties to execute the CLEARING ADDENDUM of a HOWSE IBOE that may be issued.
Why? Because it is through execution of the CLEARING ADDENDUM that a HOWSE IBOE may be exchanged with other currency for “street use”; and, it is through the CLEARING ADDENDUM that HOWSE is compensated for issuing the HOWSE IBOE!
In short, unless it is part of a plan for execution of the CLEARING ADDENDUM, it is not important to HOWSE whether or not any of the above corollaries are put into effect!
The most basic form of execution of the CLEARING ADDENDUM is to use the full strength of legal funds that HOWSE has to undertake non-depletion sell/buy transactions.
Profits thereof may be used for the execution a CLEARING ADDENDUM; and, to promote such business to provide economic solutions IS the underlying purpose for HOWSE issuing HOWSE IBOE.
For more information send an email to mailto:howse-iboe-explained@change2100.com