Yapa


iconThe Third Age – Of Mind

Book 10 – The Third Law

11   Company Law

1This be Company Law:
2A Company is a 12th Century CE invented word defining a form of society of members sharing some common “bond” defined by some formal instrument of self-rule. In the 16th Century, a second type of “company” was added being a corporate body having legal personality according to a constitution. In the 17th Century, a third type of “company” was added being a trust company formed by a deed in accordance to statute of law.
3A Corporation, also referred to as a “company” is a 17th Century ecclesiastical and legal term meaning a corporate body possessing an instrument of incorporation and rules of authority and having legal personality according to one (1) or more statutes of a state or estate. A Corporation is one (1) of three (3) types of companies, the other two (2) being a Society and a form of Statutory Trust.
4By definition, a Corporation is an association of one (1) or more persons that has undergone the ritual of incorporation.
5There are essentially two (2) types of Corporations, distinguished primarily by their instrument and rules of incorporation being Chartered Corporations and Registered or Recognized Corporations.
6Chartered Corporations are Corporations incorporated through the granting of some exclusive rights and privileges through charter or private act, often perpetual and validated by one (1) or more public or private acts of a legislative body of a sovereign estate.
7Registered or Recognized Corporations are Corporations incorporated through the recognition of their existence, acceptance of certain rights and independence of rule by some constitution through treaty or registration.
8By definition and logic, a Corporation cannot have greater power than the Corporation or Estate that formed it.
9As a Company or Corporation formed from an Inferior Estate is by definition inferior to any Company formed from a Superior Estate, no Inferior Company can have powers greater than a Company formed from a Superior Estates.
10As Yapa has never been extinguished, nor have the Trusts of First Law and Trusts of Second Law been dissolved, all valid and legitimate Companies operating on the lands known as Australia are derived from Yapa and Superior Estates.
11Any law that is against such truth cannot be law.