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Common
Law Copyright-Name Articles
Meet
Your Straw Man by Moses G. Washington 10/27/03
source www.freedomclubusa.com cont'd
Definitions
Cont'd: Sole Corporation - Corporation
Sole
In all
organizations there are two basic operational positions: 1) the
stockholder/owner/beneficiary (we will call this the beneficiary
position); and
2) The officer/president/chairman/trustee (we will call this
the operational position).
A sole
corporation, as defined by Black's Law Dictionary, is one consisting
of one person only and his successors in some particular station, who
are incorporated by law in order to give them some legal capacities
and advantages, particularly that of perpetuity, which in their natural
state as persons they could not have. In a corporation sole, one person
holds both operational positions of the organization.
A corporation
sole may be established under legislative authority. It is considered
by statute a citizen of the government. As such, the safe guards of
the bill of rights do not extend to corporate soles. The courts have
warned that statutory licensed sole proprietorships are in a fact
a government agency by definition of how they are created. Most people
who chose a sole organization do so because they maintain personal
control over their assets.
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