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To: blam

It is called legal tender for a reason. I suggest a class action lawsuit. As legal tender banks should have to accept it or close down any unit not accepting coin or bills.


17 posted on 11/17/2016 6:18:10 AM PST by stocksthatgoup (these protestors are not anarchists. They are Hillary Supporting Demoncraps.)
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To: stocksthatgoup

“It is called legal tender for a reason. I suggest a class action lawsuit. As legal tender banks should have to accept it or close down any unit not accepting coin or bills.”

You are correct. I used to work for one of the largest Home Mortgage Lenders, think horse and carriage. At their main mortgage campus headquarters they had a sign at the main entrance, “we do not accept cash payments at this location for your mortgage payment.”

One day, three men walked in and one attempted to pay their mortgage with cash. The bank representative refused to accept the cash payment. The man then sued, stating that the mortgagor had failed to accept legitimate and timely payment. The other two men were his witnesses.

The judge, when rendering their decision, made the statement, “This note is legal tender for all debts public and private.”

The judge then nullified the remainder of the mortgage and the man owned his property free and clear.

The sign refusing cash payments was removed the following day. This was in the mid 90’s.


26 posted on 11/17/2016 7:22:09 AM PST by Bshaw (A nefarious deceit is upon us all!)
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