LRH, TRUSTEE FOR TRANSFER

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Definitions

for some years the Commonwealth (overseas, not U.S.) interests belonging to the Hubbard Association of Scientologists, International, Incorporated, in Arizona, have been held by LRH, Trustee for Transfer. As the overseas interests were worthless to the U.S. corporations in the U.,S. (HASI, Arizona) due to currency exchange laws, and was costing it money, the Board of HASI, Arizona, appointed LRH a trustee for transfer for all Commonwealth corporations property or interests with orders to hand it over to a UK corporation. (HCO PL 21 Dec 65)