Mudcat Café message #2953310 The Mudcat Café TM
Thread #131011   Message #2953310
Posted By: Smokey.
27-Jul-10 - 02:16 PM
Thread Name: BS: Is Monarchy Obsolete in the UK?
Subject: RE: BS: Is Monarchy Obsolete in the UK?
From an article by Republic:

"The Crown's legal status is that of a corporation sole, an independent legal entity with the right to hold assets.


To suggest that Elizabeth Windsor personally 'owns' and 'gives' the assets and revenues of this incorporated body is as ludicrous as suggesting that the Chairman of British Airways personally 'owns' the assets and tax revenues of the incorporated body he represents.

Opinion, bearing in mind: "This agreement has, at the beginning of each reign, been repeated by every succeeding Sovereign.".

If the monarchy were to disappear tomorrow, the Crown Estate would continue to do what it has always done for nearly one thousand years provide income for the administration of the country."

Opinion. And why should 'republicans' want to oust the monarchy, yet keep 'The Crown'?