Spaces with corner singularities, locally modelled by cones with base spaces having conical singularities, belong to the hierarchy of (pseudo-) manifolds with piecewise smooth geometry. We consider a typical case of a manifold with corners, the so-called "edged spindle", and a natural algebra of pseudodifferential operators on it with special degeneracy in the symbols, the "corner algebra". There are three levels of principal symbols in the corner algebra, namely the interior,...