Top 2 Federal Reserve Admissions – Credit River Decision/Federal Reserve Act Null & Void

David Robinson
Sat, Dec 13, 2014
Subject: Top 2 Federal Reserve Admissions

Almost 50 years ago, in 1968, in Credit River Township, Minnesota, the finding commonly referred
to as the “Credit River Decision” of the landmark court case, First National Bank of Montgomery,
Minnesota, vs. Jerome Daly, held the Federal Reserve Act to be unconstitutional and void.
This decision, which is legally sound, declared in effect, that all private mortgages on real and
personal property, and all U.S. and State bonds held by Federal Reserve National and State
Banks to be null and void.
This amounts to the emancipation of all Americans from personal, national and state debt,
purportedly owed to the Federal Reserve Bank. Every American owes it to himself, his country,
and to the people of the world, to study and understand this decision, for upon this decision hangs
the question of freedom or slavery for the world.

On May 8, 1964, Mr. Jerome Daly executed a Note and Mortgage to the First National Bank of
Montgomery, Minnesota, which is a member of the Federal Reserve Bank of Minneapolis. Both
banks are privately owned and are a part of the Federal Reserve Banking System.
In the spring of 1967, Mr. Jerome Daly was in arrears $476.00 in the payments on this Note and
Mortgage. The Note was secured by a Mortgage on real property in Spring Lake Township in Scott
County, Minnesota. The Bank foreclosed by advertisement and bought the property at a Sheriff’s
Sale held on June 26, 1967. Mr. Jerome Daly made no further payments after June 26, 1967 and did
not redeem within the 12 month period of time alloted by law after the Sheriff’s Sale.
The bank brought an action to recover possession of the property to the Justice of the Peace Court
at Savage, Minnesota. The first 2 Justices were disqualified by Affidavit of Prejudice; the first by
Mr. Daly, the second by the bank, and a third judge refused to handle the case. It was then sent,
pursuant to law, to Martin V. Mahoney, Justice of the peace, Credit River Township, Scott County,
Minnesota, who presided at a Jury trial on December 7, 1968.
The Jury found the Note and Mortgage to be void for failure to give any validity to the Sheriff’s
Sale. The Verdict was for Mr. Daly with costs in the amount of $75.00.
The acting President of the Bank, Mr. Lawrence V. Morgan, admitted that the Bank created the
money and credit upon its books by which is aquired or gave as consideration for the Note; that this
was standard banking practice; that the credit first came into existence when they created it; that he
knew of no United States Statute which gave them the right to do this, and that this is the universal
practice of these banks.
Mr. Lawrence v. Morgan appeared at the trial on December 7, 1968 and was perceived to be candid,
open, direct, experienced, and truthful. He testified to 20 years of experience with the Bank of
The “Credit River Decision”
) ss.
County of Cumberland )
COMES NOW, David Robinson, the natural living flesh and blood man, a peaceful American
National on the land, under oath, who states that the following information is of his own personal
knowledge and belief.

America in Los Angeles, the Marquette National Bank of Minneapolis, and as the Plainfiff in this
case. He seemed to be familiar with the operations of the Federal Reserve System.
The banker testified about the mortgage loan given to Mr. Jerome Daly, and then Mr. Jerome Daly
cross exemined the banker about the creating of money “out of thin air”.
Mr. Jerome Daly asked the Bank President, “If you were just opening up your bank and no one
had yet made a deposit, and I came into your bank and wanted to take out a loan of $18,000.00,
could you loan me that money?”
When the Bank President said, “Yes”, Mr. Jerome Daly then asked, “Does this mean that you can
create money out of thin air?”And the Bank President said, “Yes, we can create money out of thin
He freely admitted that his Bank created all of the Money or Credit upon its books with which it
acquired the Note and Mortgage of May 8, 1964. The credit first came into existence when the
Bank created it upon its books by ledger entry. Further, he freely admitted that no United States Law
gave the bank the authority to do this. There was obviously no lawful consideration for the Note.
The Bank parted with absolutely nothing except paper and a little bit of ink.
Justice Martin V. Mahoney then said, “IT SOUNDS LIKE FRAUD TO ME” and everbody in the
court room nodded their heads indicating that they agreed with Jusice Martin v. Mahney.
No complaint was made by the banker that the bank did not receive a fair trial. From the admissions
nade by Mr. Lawrence V. Morgan, the path of duty was clearly made and very direct and clear for
the jury. Their verdict could not reasonable have been otherwise. Justice was rendered completely
and without denial, promptly and without delay, freely and without purchase, comfortable to the
laws in this Court on December 7, 1968.
This was the first time the question has been passed upon in the United States. This decision is one
of the great document of American history. It is a huge cornerstone wrenched from the temple of
Imperialism — one of the solid foundation stones of Liberty.
— — —
The Money Kings that run the “private Federal Reserve Bank”, it appears, soon got back at
Justice Martin V. Mahoney by poisoning him in what appeared to have been a fishing boat accident
less than 6 months later, in June of 1969. The “Credit River Decision”, as it is known, was and still
is the most important legal decision ever decided by a Trial Jury of 12 women and men!
/s/____David Everett Robinson_____

David Robinson
3 Linnell Circle
Brunswick, Maine 04011
Subscribed And Sworn To Before God [Titus 1:2] this 13th day of December 2014.

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