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MARTYR'S DAY CELEBRATIONS – 2025

 What You Need to Know:


Uganda Martyrs' Day, celebrated annually on June 3rd, commemorates the 45 Christian converts who were executed between 1885 and 1887 for their faith. The day is a significant religious holiday in Uganda, marking the bravery and sacrifice of the martyrs in the face of persecution. 






History:

The 45 martyrs were young Christian converts, including 23 Anglicans and 22 Catholics, in the historical kingdom of Buganda.
 
They were killed on orders of Kabaka Mwanga II, who viewed Christianity as a threat to his authority and traditional beliefs. 

The executions took place over a period of two years, starting on May 25, 1886, and culminating on June 3, 1886, at Namugongo. 


Significance:

The Uganda Martyrs' Day is a national religious holiday, symbolizing the triumph of faith over adversity. 

It is a time for reflection, prayer, and remembrance for Christians in Uganda and around the world. 

The day is also a reminder of the courage and commitment of those who chose to follow Jesus Christ, even in the face of death.
 

Celebrations:

Large crowds of pilgrims, both local and international, gather at Namugongo, where the martyrs were executed. 

Celebrations include prayers, masses, speeches, and the presentation of gifts, often including traditional foods and drinks. 

The main celebration is organized by a different diocese each year, and many churches across denominations plan months in advance. 


Modern Significance:

The shrine at Namugongo is a place of pilgrimage, where people seek blessings, deepen their faith, and honor the memory of the martyrs. 

The martyrs' story is a testament to the power of faith and the enduring legacy of Christianity in Uganda. 

The day is also a reminder of the importance of spreading the gospel and living out one's faith, even in the face of opposition. 


REPOSITORY/SUPPLEMENT






PARIS-2024 – O-SERIES



TENETS OF TRUST LEGACY




GLOBAL SOUTH ALERT – AFRICA –  #01 : |OTRUST FROM SINCE MEDIEVAL ENGLAND, TO BEYOND AMERICAN DECLARATION OF INDEPENDENCE ON JULY 4, 1776.










GLOBAL SOUTH ALERT – AUSTRALIA – #03:|O | MORTGAGEE (TYPALLY A LENDER SUCH AS A BANK) NOT A TRUSTEE FOR THE MORTGAGOR (BORROWER) –"It is well settled that a mortgagee is not a trustee of a power of sale for the mortgagor. Once the power has accrued, the mortgagee is entitled to exercise it for his own purposes whenever he chooses to do so. It matters not that the moment may be unpropitious and that by waiting a higher price could be obtained. He has the right to realize his security by turning it into money when he likes. [ See: Cuckmere Brick Co. Ltd Vs Mutual Finance Ltd [1971] Ch. 949 ]


GLOBALSOUTHALERT – EUROPE – #04: |O| #BANK STANDS TO LOOSE FOR FAILURE TO KEEP PROPER RECORD OF CUSTOMER ACCOUNT TRANSACTIONS – "Any bank which fails to keep proper records of accounts cannot sustain an ascertainable claim against a customer. ( See: Ezekiel Osugo Angwenyi & Another Vs. National Industrial Credit Bank Limited (2007) eKLR ]"


In Excellent Assorted Manufacturers Ltd & Anor Vs DFCU Bank Limited & Anor, Pg 81, Hon. Mr. Justice Boniface Wamala had the following important observation on that point as cited below:

"It appears to me that the use of the URA receipt to explain this transaction is an attempt by the 1st Defendant to use any available documents that appear to be proximate in time to explain certain transactions even when there is no nexus between the documents. I find this trend unacceptable. Simply because a payment was done around the time the queried transaction was effected cannot be used as evidence to explain the query. Relying on a decision to which this court was referred by Counsel for the Plaintiffs, I agree that a Court of law cannot determine issues of accounts based on guesswork. 


GLOBALSOUTHALERT – NORTH AMERICA – #05:|O#LESSEE (#BANK/END-USER) PRECLUDED FROM PASSING TITLE TO A THIRD PARTY WITHOUT PRIOR WRITTEN CONSENT FROM #LESSOR/ (#TRUSTEE/ OWNER) – Meera Investments Limited Vs DFCU Bank Limited & Anor, Civil Suit 948 of 2017 [2023] UGHCLD 340 (20th October 2023), Before: Hon. Mr. Justice Tadeo Asiimwe, CLICK LINK FOR DETAILS =>> : https://lnkd.in/eRHFGGPt


Extract:


James Magode Ikuya Vs Londa Mbarak Abdullah (HCT-04-CV-CA 87 of 2012 [2015] UGHC


"the lessee shall not without the consent of the lessor in writing deal in any way with his/her interest in the land before the lease is extended to the full term of 49 years. Paragraph 3 of the said lease provides for the need for a consent to "transfer". The lease concluded a sale and transfer of the leasehold land without seeking and obtaining the requisite consent." – Hon. Mr. Justice Henry I. Kawesi


RELATED UNITED STATES (USA) PRECEDENT:


Extract:


Cooperider Vs. Myre, 37 Ohio App. 502, 505, 175 N.E. 235, 236 (1930)


"It is no doubt true that possession of personal property is some evidence of ownership, and may be sufficient in a given case to protect one dealing with the property as that of possessor. But mere possession, unaccompanied by other circumstances giving it a specific character or creating an estoppel, is not such evidence of ownership as to prevail against the true owner, except in case of negotiable instruments, mortgaged chattel property, or that sold under conditional sales agreements."


"The rule that one cannot be divested of his property without his consent, and the principle that one cannot possess or convey a greater title than he himself has, controls all questions arising as to personal property attempted to be transferred or as to lien created thereon. The effect of possession as evidence of ownership is subordinate to these principles, save in exceptions noted. The mere fact of one putting property into the charge or custody of another does not divest the possession of the true owner; the legal possession still remains  in the owner, for the agent, bailee or lessee thereof can have no greater title than his grant provides." — Repository Citation: https://lnkd.in/e2R5fZUv


#TrustLawAlert : RENTAL CAR — ASSET BACKED SECURITY (ABS) TRANSACTION


"Most rental car fleet transactions are structured as a true lease (operating lease). In a true lease transaction, the vehicles are titled in the name of the Special Purpose Entity (SPE) with the Indenture Trustee/Custodian named as lienholder on the certificate of title. This will enable the transaction to be structured to be bankruptcy remote so that the fleet of assets can be liquidated in the event of a bankruptcy of the rental car company without a competing claim being made. on behalf of the bankrupt party's creditors." — https://lnkd.in/etmFKd-i


GLOBALSOUTHALERT – SOUTH AMERICA – #06 |OHUMONGOUS LIQUIDITY TURNOVER : TRUST/FIDUCIARY PATIENT CAPITAL HANDSHAKE WITH ONE OR MORE BORROWER INTERMEDIARY/IES BOOSTS PLOUGHED BACK EARNINGS FOR PARTICIPATING FINANCIAL INSTITUTION/S ( TYPICALLY ONE OR MORE COMMERCIAL BANK/S). For Exhibit (1) [ Mortgage Backed Security (MBS) ]   , Please Visit: Fannie Mae : Financial Reports – FY 2021 | For Exhibit (2) [Asset Backed Security (ABS) ] ; Please Visit : Ford Variable Funding Note Prospectus, June 26, 2009 |


TAGLINE: "TREASURE THE PEARL , RIDE SPECIAL MOBILITY."




VISION STATEMENT: "WHOLE BUSINESS SECURITIZATION (WBS) FOR AFRICA AND BEYOND."






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