Hong Kong Ordinances

IRISH PROVINCE OF THE ORDER OF FRANCISCANS MINOR INCORPORATION ORDINANCE - SECT 3

Power of corporation

(1) The corporation shall have power to acquire, accept leases of, purchase,
take, hold and enjoy any lands, buildings, messuages or tenements of what
nature or kind soever and wheresoever situate, and also to invest moneys upon
mortgage of any lands, buildings, messuages or tenements, or upon the
mortgages, debentures, stocks, funds, shares or securities of any government,
municipality, corporation, company or person, and also to purchase, acquire
and possess vessels and other goods and chattels of what nature and kind
soever.

(2) The corporation shall further have power by deed under its seal to grant,
sell, convey, assign, surrender, exchange, partition, yield up, mortgage,
demise, reassign, transfer or otherwise dispose of any lands, buildings,
messuages, tenements, mortgages, debentures, stocks, funds, shares or
securities, or vessels or other goods and chattels which are for the time
being vested in or belonging to the corporation, upon such terms as to the
corporation may seem fit.