Section 64Part 9 — United Church
Powers of corporation
←→ Navigate · Click subsection badges to collapse · Press ? for help
The corporation has full power for the benefit and purposes of the Council or for any special purpose or purposes of or connected with them, or their work in the Islands any lands, hereditaments, goods, chattels and effects, real or personal property or any estate or interest therein to —
acquire by purchase, transfer, donation, exchange, devise, bequest, grant, gift, conveyance or otherwise;
receive money on loan and borrow or raise money in such manner as the corporation shall think fit and in particular by the issue of bonds, debentures or debenture stock (perpetual or otherwise) and to secure the repayment of any money borrowed, raised or owing by mortgage, charge or lien upon all or any of the property or assets of the corporation;
draw, make, accept, indorse, discount, execute and issue promissory notes, bills of exchange, debentures, bonds and other negotiable or transferable instruments; and
do all other things as the Council may, from time to time, declare and publish in two issues of the Gazette or as may be deemed incidental or conducive to the attainment of the above objects or any of them.
The objects specified in this Part and in each of the foregoing paragraphs shall be regarded as independent objects.