This is the most complete recorded informational package on that legal enigma, the little known Corporation Sole, misunderstood by lawyers, accountants and even judges, and emphasizes that it must be organised under Common Law, not Statute Law.
A very ancient tool, used initially by higher members of the Church, especially the Pope, his Cardinals and Bishops, by members of the Royal family and their representatives, and eventually by senior politicians in the know, it is becoming better known, and more and more individuals are making use of this highly advantageous corporation sole - that unincorporated corporation, a spiritual assembly, despite its purely ecclesiastical origins. Many of these corporations sole under statute law however are in conflict with the true purpose of this legal entity.
The initial restriction on information failed after secrecy no longer prevailed, and there does not really seem to be any limit to its proper use. Today the Corporation Sole is available world-wide for all spiritual or church related uses as an important tool in matters of finance, for privacy and confidentiality, and as a shelter for assets, so long as basic requirements are met.
As more people become aware that, in almost all instances, monies taken as 'taxes' are not used for their apparent or alleged purpose - i.e., the financing of nationwide (federal) projects, or any other lawful government program for the public good, or for the benefit of the citizens of the country concerned, but are rather taken out of use completely, so that the money supply (M2) is reduced, indignation causes them to look for positive and lawful ways to counteract these abuses.Today it is not just the Church and the clergy which make use of a corporation sole and any spiritually based group might well consider its use for members. In the U.S.A. it is completely tax-exempt. .
The Corporation Sole will therefore be seen as extremely advantageous to those who desire non-interference in church or their own financial affairs, or who have a deep interest in separation of church and state, personal sovereignty, common law, or the acquisition of something which is non-traditional and unique in its application. It is much superior to off-shore banking, which is NOT recommended.
The Corporation Sole offers some unique advantages over all other forms of organisation -
Continual perpetual succession: the position, property and powers of the Corporation Sole are handed over to one's named successor on death, or retirement, or for any other reason, not to heirs or through executors, as it is constituted as an office within a church or spiritual assembly rather than a company or individual.
Protection of property or assets: All properties acquired by the church are held in the name of a Corporation Sole rather than a church or individual to provide fuller protection for these assets.
In all instances where registration is not required, [i.e., unless you file under a government Act - which would make you a TEMPORAL corporation sole rather than a canonical, ecclesiastical or spiritual one] complete freedom from accounting requirements. There are no financial returns to be made, no financial records to be kept - other than those dictated by your church or spiritual assembly.
The Corporation Sole does not have a board of directors, officers, stock, by-laws, official minutes or a standard corporate name ("incorporated" or "limited").
As the Corporation Sole is not taught in modern law school, unless a lawyer, accountant or other advisor has had extensive experience of, or is well versed in, ecclesiastical or canon law, or has previously worked with ecclesiastical bodies using the Corporation Sole, they will be unable to assist in its establishment or operation, and worse still, may even provide misleading information in important detail. This is why this service is now  being provided to the general public. Some have proudly proclaimed their charter runs to over 100 pages - absolute nonsense and a joy for any lawyer who might face you in court. The less stated the better, as no fault can be found with the basic statements of existence. Our charter runs to only five pages in all.
In view of these outstanding advantages many have set up business to provide these services to the public at a cost of several thousands of dollars: we do not believe in extortion, so we offer ours at a most reasonable price despite having the most extensive back-up available today, and providing all possible information FREE upfront, and telephone discussion at no cost before and after.
Court extract: "the distinction between an aggregate and sole corporation, growing out of the different modes of constitution and forms of action, is striking and obvious. A bishop or parsons acting in a corporate capacity and holding property to him and his successor in right of office, has no need of a corporate name, he performs all legal acts under his own seal, in his own name and name of office; his own will alone regulates his acts, needs no treasurer, for he has no personal property except the rents and proceeds for the corporate estate, and these he takes to his own use when received. By-laws are unnecessary, for he regulates his own action, by his own will and judgment, like any other individual acting in his own right. These examples are sufficient to clarify the legal distinctions between the two classes of corporations." ..... (The Massachusetts Supreme Court, in the case of The Overseers of the Poor of the City of Boston v. David Sears 39 Mass (2Pick) 122 at 128 (1839)")I would not agree 100% with the above statement. The corporation sole is an office within a church and is therefore ruled by the doctrines of that church. These may of course be open to interpretation by the Overseer.
Go the NEXT Page or back to the CORPORATION SOLE Contents Page
© Dr Milson Macleod Jan 2000, revised September 2009