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)