DEED OF TRUST

GSF System Trust PDFAs of Valentine's day, 14th Feb 2011, GSF System Ltd is proud to offer this deed of trust signed and sealed by GSF, JRS and GSF System Ltd. 

Verily it is trust itself that springs from a mothers breast
Trust is the bedrock sought in a lover's eyes
Trust is the fount from which flows the liberties of life
We trust that you shall honour and cherish this mutual trust!
Joseph Ray Sundarsson

  1. SYNOPSIS

When you wish to take responsibility for your actions, possess the ability to discriminate between right and wrong, the skill to assess and accept risk, and the integrity to make your word your bond which underpins the 'unwritten' common law, you are ready for the blessings of a deliverable, voluntary gold standard.

 

We have used Free English to make a complex subject accessible. We are talking about the realisation of Right Action rather than waiting on the sidelines 'hoping for change'.

  1. WHO WE ARE

The Global Settlement Foundation (GSF) has been set up by free men with sufficient but limited means, who have an understanding of fundamental economic principles and common law. GSF employs the latest technology to act as a system where finality of settlement is an inherent characteristic.

In the first instance, Her Majesty The Queen of England was notified, before any other, about the recent developments concerning the foundation. Her Majesty's government was also notified. The process of public notice to all Heads of State is ongoing as of 12 Feb 2011. This is the common law process of honour.

The Globals Isles Court of Record (GICOR) is the designated court that examines issues of interest concerning the establishment and running of the foundation as declared in our Public Notice to Heads of State “In upholding the highest traditions of English Civilization, this letter gives notice to Your Excellencies, that the Global Settlement Foundation (GSF), is an independent and sovereign organization that provides finality of settlement for global trade”.

The Global Settlement Foundation has established GSF System Ltd (hereinafter “GSF System”) as an Express Trust with limited liability under common law. GSF System allows men and women to become beneficiaries of the Global Settlement Foundation, provides final settlement for statutory currencies and facilitates a lawful, voluntary process for those who wish to enjoy the benefits of a deliverable, voluntary gold standard.

  1. WHAT WE DO

The purpose of the Global Settlement Foundation is to establish finality of settlement for global trade. This is to be achieved by implementing the voluntary, deliverable gold standard known as the Global Standard detailed below.

  1. TERMS AND CONDITIONS OF TRUST

  1. INFORMATION

GSF System publishes information via its web site and by other means. The information is located on the private property of GSF System. The information is published on the internet, the private internetwork of contracts that allows information to travel to your computer located on your private property. The copy that arrives is your property. Conversely, any information you upload to GSF System becomes the property of GSF System. You have no rights over our property and we claim no right over your property, thus:

Ownership of the copy is hereby transferred, free of charge or further contractual obligation, to any individual or person obtaining a copy of the information or part thereof - for example text in any language, images, instructions, strategies, computer code and associated files (the "Information"), to deal in the Information without restriction, including without limitation the rights to use, copy, modify, merge, publish, create with, distribute, sub-license, and/or sell copies of the Information, and to permit individuals or persons to whom the Information is furnished to do so, subject to the following conditions:

The information is provided "as is", without warranty of any kind, express or implied, including but not limited to the warranties of merchantability, fitness for a particular purpose and non-infringement. In no event shall the authors or publishers be liable for any claim, damages or other liability, whether in an action of contract, tort or otherwise, arising from, out of or in connection with the information or the use or other dealings in the information. Further, by proceeding to read or use the information you agree to indemnify, defend and hold the authors and publishers harmless.

In the case of images the majority are in public domain while certain signed illustrations and quotations remain in the ownership of the originator and can only be republished with the signature of the author intact.

  1. COMMON LAW

Common law, lex terrae, 'we shalt not cause harm or loss to another', governs our conduct. These words are derived from ancient wisdom - 'Do as thou will and harm no other'.

By doing as we will we take ownership of our actions and thus we tacitly agree to be accountable to our actions.

The common law as discovered in a Court of Record, is freedom itself. Such a Court of Record is a superior, sovereign court to any of the corporate, 'statutory', administrative courts in use worldwide. This site and our publications already referred to will assist you in the comprehension of common law, which is the law of sovereigns. We trust that you will conduct yourself within the bounds of common law as discovered by a Court of Record.

  1. COURT OF RECORD

The Global Isles Court of Record (GICOR) is the designated court that examines the issues raised by the operation of the Global Settlement Foundation and GSF System. By visiting our site and/or using GSF System you agree to the jurisdiction of the Global Isles Court of Record.

  1. USE OF PASSPORTS OR OTHER 'GOVERNMENT IDENTIFICATION'

GSF System requires beneficiaries of accounts at GSF System to provide identification. The purpose of requesting this identification is to (a) To identify the said beneficiaries so they may instruct GSF System, (b) Provide settlement of statutory currencies into and out of deliverable gold Globals or silver Isles and (c) Ensure that no funds sourced in crimes against humanity or other funds that are not 'good and lawful' enter or exit GSF System without due process by a Court of Record.

  1. GOOD AND LAWFUL SOURCE OF FUNDS

You warrant that the source of funds, namely the activity that resulted in your control over funds that you wish to settle into or out of GSF System is free of crimes against humanity and the result of good and lawful activity.

  1. SETTLEMENT OF STATUTORY CURRENCIES

You may obtain gold Globals or silver Isles by private trade from any entity who controls such, some of whom carry out their own due diligence regarding 'good and lawful funds'.

In the case that you wish to send or receive 'bank funds' by 'bank wire' with a GSF System listed entity, you will have to provide identification documents and proof of control over the bank account from which you will send or receive funds.

Within GSF System, only approved entities that are supervised by GICOR can deliver gold into and out of GSF.

  1. SETTLEMENT OF TRUST FOR GSF BENEFICIARIES

The Global Settlement Foundation will settle each named beneficiary trust's account at GSF System with 10 Globals. The Global Settlement Foundation is the sole settlor of such an express trust.

  1. VERIFICATION OF NAMED BENEFICIARIES

GSF System shall designate an entity to verify that the man or woman who wishes to become a named beneficiary of GSF is duly qualified and that the source of funds is good and lawful. Such an entity may collect a fee for such verification work not to exceed 100 Globals or its statutory currency equivalent per verification incident. The rights, responsibilities and privileges of such a beneficiary is detailed below.

  1. MAN OR WOMAN, RATHER THAN 'CITIZEN'

You hereby make claim that you are a man or woman of the land, not just a 'citizen' or 'subject' and that you will take steps under common law to rein in those who claim that they are your 'representatives'.

  1. GLOBAL STANDARD

The unit 'One gold Global™' shall be deliverable as 0.1 gram by mass of 0.999 fine gold. Prefix G, symbol GLO.

The unit 'One silver Isle™ ' shall be deliverable as 0.1 gram by mass of 0.999 fine silver. Prefix S, Symbol SIL.

GSF System issues gold Globals and silver Isles deliverable as 10,000.00 units in 1Kg bars.

GSF System physical vouchers shall embed at least 70% of the face value into the physical instrument. Each GSF System instrument is an express trust under common law where the bearer is the trustee of the gold in his hand and the GSF as trustee on the remainder.

GSF System physical vouchers shall include visual, metallurgic and mathematical security features.

GSF System will accept whole multiples of 10,000 Globals or Isles and deliver 1Kg bars.

The men and women who are the bearers of these instruments as trustees, shall conduct the business of the trust which is to earn Globals and Isles, by good and lawful trade in order to take possession of Kilo bars.

You agree that all who are in this position of trust shall pass freely by private or public transportation across the roadways, airways and waterways of this Earth.

GSF System issues digital vouchers against metal held by GSF. GSF System digital vouchers are divisible down to one millionth of a gold Global or silver Isle. Issued vouchers are circulated by mathematical ledger systems such as TruLedger and Loom.

GSF System shall change the voucher identification type annually and publish a contract that specifies the storage fee and escheat schedule to recover 'lost' vouchers. Note, vouchers being bearer instruments, can be lost just like you may lose a note or coin, and the system must at all times be able to estimate its total liability. Users will be able to swap the old issues for new issue at the end of their annual validity, at which time the storage fee shall be deducted. No vouchers shall be valid beyond 5 years after the last valid day of use.

It is noted that the storage fees ensure that the Global Settlement Foundation is not a 'fractional reserve' system. GSF System shall maintain internal checks to ensure inventory and quality control.

  1. TRUST, THE BEDROCK

In order that we can serve you as trustee we claim the fundamental unalienable right to protect and defend trust itself and that we may expect the same from you.

We trust that you shall take Right Action at all times.

We trust that you shall discriminate wisely and live in peace and harmony with the common law.

  1. PRIVACY AND CONFIDENTIALITY

All information entering GSF System servers becomes the property of GSF System and is stored with cryptographic safeguards. All GSF System digital and physical vouchers are bearer instruments.

GSF System imposes no restriction on the transfer of vouchers. Since the vouchers form part of the private trust business of GSF System, no third party may restrict the use of such vouchers.

Accounts with GSF System whose beneficiaries initiate a transfer into or out of GSF System authorize GSF System to share such information as may be necessary with the assigned transaction partners.

You authorize GSF System to represent the trust for the purpose of completing such a transaction. Further, you agree to execute such contracts as may be necessary to GSF System members who are commercial, statutory entities who are contracted with achieving the final settlement of such transaction. Such entities may have their own fees, terms and conditions which if you do not accept, your recourse is to cancel the transaction or seek an alternate entity in the GSF system marketplace.

All GSF System digital and physical vouchers are bearer instruments therefore users should take sensible precautions in its use. You agree to keep your computers, accounts, transaction and interactions with GSF System and GSF System members secure and confidential. GSF System is not responsible for losses caused by your negligence in this matter.

  1. FEES

All accounts at GSF System shall be charged a trustee fee of 2.5% per annum on the average daily balance.

  1. GSF SYSTEM MARKETPLACE

The GSF System software brings marketplace participants together for the purpose of lawful trade. The software has been designed to allow web based access as a 'web site' as well as for secure, distributed peer-to-peer lawful trade. The actual transactions are not handled by GSF System – they are handled by the operators of digital accounting systems. Downloadable clients shall be open source.

GSF System shall maintain multiple routes to access the marketplace, with emphasis on distributed peer-to-peer secure, anonymous, untraceable systems. The initial https://secure.gsfsystem.com/ website is provided as a convenience only. GSF System shall document and publish the multiple channels of access.

The GSF System marketplace shall feature all manner of contracts issued by multiple issuers. Such contracts shall include but not be limited to 'real bills', equity, commodity contracts, futures contracts, retail goods and services.

  1. RISK

The GSF System marketplace has risks inherent in any market as well as the usual risk of force majeure. In addition, this historical era features force majeure risks caused by out of control 'national associations' and their instrumentalities. By using the GSF System you agree to accept all such risks and to defend and hold GSF System harmless from any such events.

  1. GSF SYSTEM SEAL

GSF System has adopted PGP key ID 0xBAAB8B50 fingerprint 8CF7 88FC 6121 232C AB1A BCB2 E543 1125 BAAB 8B50 as its seal. GSF System may publish other keys signed by this key as valid for specific purposes.

  1. DEED OF TRUST

Upon acceptance and verification by GSF system, Global Settlement Foundation shall settle this Express Trust named _______________________________________________________________________ GSF System Trust Number1 ____________________ with mailing address __________________________ _____________________________________________________________with 10 Globals. This Express Trust shall be for the benefit of the living man or woman, the applicant, who marks this deed with their signature. The applicant agrees to keep electronic contact information and the physical and/or mailing address up to date with GSF System.

The applicant agrees that any account not accessed for 5 calendar years since the date of last access or transaction shall become dormant. GSF System will then make at least 5 attempts to contact the beneficiaries at the expense of the named trust over a period of one calendar year. If no contact is possible within one calendar year of such contact attempts, the trust shall be dissolved and the account escheat to GSF. GSF System shall maintain an automated system of contact to minimize any risk of accounts turning dormant.

In the event that the above named trust is for the benefit of an existing entity with multiple beneficiaries or shareholders for whom the applicant acts as attorney-in-fact, the applicant shall maintain a list of living beneficiaries and their proportion of shares within GSF System. In the case of a 'public' limited company, evidence of listing in a 'public' market is sufficient. The applicant shall also provide a resolution of the board of directors of the entity authorizing the applicant with power of attorney to act in its name. The named trust created by GSF will be for the benefit of the named entity and its living beneficiaries with the applicant acting as attorney-in-fact for such.

GSF System trusts that you will protect and defend GSF System from those who would seek to destroy it. GSF System trusts that you will not condone parasitic behaviour or encourage dependence. GSF System trusts that you will pursue your life, liberties and the pursuit of happiness in consonance with common law as discovered by a Court of Record.

GSF System trusts that you will bring immediately to the attention of GSF System, GICOR or a competent Court of Record any information or act that that did, would or could damage this trust.


 

In witness whereof, I a living man/woman of the land, on this _____ day of the _______ month in the year ______, in this _____________________________________place, do hereby make my mark of identity and intent, to wit, my signature, upon this Deed of Trust, which when accepted by GSF system shall be settled as an Express Trust by Global Settlement Foundation with 10 Globals. I accept my rights and responsibilities as the living beneficiary of this trust.


_________________________________________ Affix Seal if Any / Thumb impression


 

Witness One, name and address or Notary public.


 


 


 

Witness Two, name and address


 


 


 

Witness Three, name and address


 


 


 

1 GSF System Trust Number will be assigned by GSF System.

Version: 20110214-1.0 6/6 GSF System Ltd