Re: PROMISSORY NOTE BEING CASHED OR SATISFIED

Posted by Bob3 (68.95.225.5) on July 16, 2004 at 11:13:40:

In Reply to: Re: PROMISSORY NOTE BEING CASHED OR SATISFIED posted by computerguy on July 16, 2004 at 07:47:26:

I know what a promissory note is. A promissory note is sometimes used when one person borrows money from another. It contains and terms and interest rate of the loan. And, yes of course they are negotiable.

But where did this particular promissory note come from? He just said he sent them to this bank. Why? The only reason one would send a promissory note to someone is for them to pay up what they owe as state in the promissory note. Correct?

Am I to believe that a bank and/or a bank CEO actually borrowed money from this individual (the Rev)and now owes money to him? Banks don't borrow from individuals and I am sure the CEO could just steal all he wants.

This sounds like the scam a now-defunct (as in all members in jail) group called the "Republic of Texas" (not the real one) used to try to pull on banks and the Texas Secretary of State. They just wrote up false documents and tried to cash them in.

Strawman? Have no idea what that is, but it sounds like you do. Just curious, will it net the person using Strawman 10 or 15 yrs?

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