TRUST FUND DOCTRINE Trust fund doctrine is the rule that the capital stock of a corporation constitutes a trust

fund for the benefit of its creditors as its capital is the basis of its credit, but the trust does not arise until the corporation becomes insolvent, as stated in Corporations 583 (C.JS.). Quoting: MANUEL v. WULFF, 152 U.S. 505 (1894), "It is clear, therefore, that this doctrine has no sufficient sanction in authority, and it will be found equally unsupported by principle or analogy. [152 U.S. 505, 509] 'The general rule is positively against it, for the books, old and new, uniformly represent the king as a competent grantor in all cases in which an individual may grant, and any person in esse, and not civiliter mortuus, as a competent grantee. Femes covert, infants, aliens, persons attainted of treason or felony, clerks, convicts, and many others, are expressly enumerated as competent grantees. Perkins, Grant, 47, 48, 51, etc.; Comy. Dig. 'Grant,' B 1. It behooves those, therefore, who would except aliens, when the immediate object of the king's grant, to maintain the exception." The Congressional Record, June 13, 1967, pp. 15641-15646 - "A 'citizen of the United States' is a civilly dead entity operating as a co-trustee and co-beneficiary of the PCT, the private constructive, cestui que trust of US Inc. under the 14th Amendment, which upholds the debt of the USA and US Inc. in Section 4." Point 1. The United States was, and, is, bankrupt and in receivership, thus, Claimants claim of corporate insolventcy. Point 2. A citizen of the U.S. is civilly dead and cannot become a Real Party in Interest to any action. Point 3. A 14th Amendment citizen is a U.S. citizen. Point 4. Claimant is NOT a U.S. citizen, nor is Claimant a 14 th Amendment citizen. Claimant IS a Grantee and Receiver of the Sovereignty as a Joint Tenant in Common in the Sovereignty and Claims Interest in all Funds in Trust accrued from every aspect, category and legal entity in the Nature of Vested Interest from Claimants own, and Claimants Lineal Ancestrys, property and pledges for, and in, the insolvent U.S. corporation, its agents/agencies and subordinate entities.