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"Place in your Land of Bondage. When an opponent would rescue a Lost Soul during battle resolution, turn this card and all Lost Souls face-down until this ability completes. Opponent selects one randomly. If he selects this card, Discard it instead of surrendering a soul."
Would you have to take the cards out of their sleeves in case you played a Wanderer or something and you have your LS and their's with different color sleeves?
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The LS would be better off as a place enhancement (ie "place in a territory. Remove all lost souls in that territory from sites. Protect sites in territory from having cards placed on them(you could use the verse that describes the angel blocking the tree of life)).
Why don't they make Ultra Rare Lost Souls??
Make the "Place in a LoB" an identifier, for one.