The Certificate of Live Birth is a pledge document providing value to the corporate FEDERAL/STATE agencies every time it is used, a "benefit" obtained or a charge is made to the NAME, commercial, civil or criminal. The Birth Certificate is the certifying document that the pledge exists/was made. Definition of PLEDGE
1a: a bailment of a chattel as security for a debt or other obligation without involving transfer of title
b: the chattel so delivered
c: the contract incidental to such a bailment
2a: the state of being held as a security or guaranty
b: something given as security for the performance of an ac Definition of BAIL transitive verb
: to deliver (personal property) in trust to another for a special purpose and for a limited period Definition of CHATTEL
: an item of tangible movable or immovable property except real (http://www.merriam-webster.com/dictio...) estate and things (as buildings) connected with real property (http://www.merriam-webster.com/dictio...)
Hence the NAME is PLEDGED as BAIL and used as CHATTEL.