|
Lawyer Joke
A New Orleans lawyer sought an FHA loan for a client.
He was told the loan would be granted if he could prove
satisfactory title to a parcel of property being offered
as collateral. The title to the property dated back
to 1803, which took the lawyer three months to track
down. After sending the information to the FHA, he received
the following reply:
"Upon
review of your letter adjoining your client's loan application,
we note that the request is supported by an Abstract
of Title. While we compliment the able manner in which
you have prepared and presented the application, we
must point out that you have only cleared title to the
proposed collateral proper back to 1803. Before final
approval can be accorded, it will be necessary to clear
the title back to its origin."
Annoyed,
the lawyer responded as follows:
"Your letter regarding title in Case No. 189156
has been received. I note that you wish to have title
extended further than the 194 years covered by the present
application. I was unaware that any educated person
in this country, particularly those working in the property
area, would not know that Louisiana was purchased by
the U.S. from France in 1803, the year of origin identified
in our application. For the edification of uninformed
FHA bureaucrats, the title to the land prior to U.S.
ownership was obtained from France, which had acquired
it by Right of Conquest from Spain. The land came into
possession of Spain by Right of Discovery made in the
year 1492 by a sea captain named Christopher Columbus,
who had been granted the privilege of seeking a new
route to India by the then reigning monarch, Isabella.
The good queen, being a pious woman and careful about
titles, almost as much as the FHA, took the precaution
of securing the blessing of the Pope before she sold
her jewels to fund Columbus' expedition. Now the Pope,
as I'm sure you know, is the emissary of Jesus Christ,
the Son of God. And God, it is commonly accepted, created
this world. Therefore, I believe it is safe to presume
that He also made that part of the world called Louisiana.
He, therefore, would be the owner of origin. I hope
to you find His original claim to be satisfactory.
Now, may we have the lousy loan?
Next
|