Thread: procure poa
View Single Post
  #3  
Old 08-24-2006, 02:27 PM
mikah2k's Avatar
mikah2k mikah2k is offline
Practice Makes Perfect
 
Join Date: Mar 2005
Posts: 338
thank you for your response

All embolden ideas in the immediate quote are responded to further below.
Quote:
Originally Posted by Notorial dissent
Let’s see, the short and simple answer for your questions, is NONE OF THE ABOVE, the long answer is NONE OF THE ABOVE.

1. is bribery, a felony in most states, and a Federal felony since it involves a bank.

2. is a pointless exercise.

3. is pointless, since the shareholders a) don’t have that kind of power to begin with, and b) see 1. above.

4. pork in the treetops time.

5. see 4 above.

Finally, this is all a pointless exercise for two very simple reasons, ONE, a Power of Attorney would most likely have to be approved by the bank’s board of directors, and TWO, would have to be signed and sealed by [two authorized officers of the bank, and the likelihood of that is equivalent to 4 above.

In re bribery:
Quote:
Originally Posted by Black's Fifth
Bribery. The offering, giving, receiving, orsolicitiugn of any thing of value to influence action as an official or in dischrge of legal or public duty. Allen v. State, 63 Okl.Cr. 16,72 P.2d 516, 519. ...
If the check is backed by FRNs then the check has just as much value as the dept of treasury says:
Quote:
Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything This has been the case since 1933. The notes have no value for themselves, but for what they will buy.

In re "2. is a pointless exercise.": You, my friend, are too late. Said "pointless exercise" is complete as it already happened outside the world wide web. In my opinion "2." is a sure way to obtain power of attorney before the end of this year.

In re "ONE": so I would need power of attorney for the board of directors first. Ok that's understandable.

In re "TWO": agreement of the parties can modify any requirement for two signatures. Anyways, a way around that would be to have the one man/woman (agent with P.O.A.) make request for two different authorized-office-positions. I have seen trusts docs signed by the same man/woman twice yet in two capacities, first as trustor and second as trustee, or first as trustor and second as beneficiary. So signing "by mikah2k, President of xyz" and "by mikah2k, Secretary of xyz" on the self-same doc is entirely possible -- two authorized signatures.
Reply With Quote