CAP. 317]
[s. 4 cont.]
Powers of the corporation.
Tung Wah Hospital.
munity of the Colony, and the promotion, execution, assistance or maintenance of any other charitable work among the Chinese community of the Colony; (h) the promotion, execution, assistance or maintenance of any charitable work among Chinese outside the Colony which has been previously approved by the Secretary for Chinese Affairs.
5. (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 situated, 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 corporation or company, and also to purchase, acquire and possess vessels and other goods and chattels of what nature and kind soever.
(2) The corporation shall have power, with the consent in writing of the Governor, to grant, sell, convey, assign, surrender, exchange, partition, yield up, mortgage, transfer or otherwise dispose of, or to let or demise for any period exceeding three years, any lands, buildings, messuages or tenements which are for the time being vested in or belonging to the corporation.
(3) The corporation shall have power to let or demise for any period not exceeding three years, upon such terms as to the corporation may seem fit, any lands, buildings, messuages or tenements which are for the time being vested in or belonging to the corporation.
(4) The corporation shall have power to sell, convey, assign, surrender, exchange, partition, yield up, mortgage, demise, reassign, transfer or otherwise dispose of, upon such terms as to the corporation may seem fit, any debentures, stocks, funds, shares, securities, vessels or other goods or chattels, which are for the time being vested in or belonging to the corporation.
(5) Subject to the provisions of paragraph (h) of section 4, and of subsection (2) of this section, with regard to approval and consent the corporation shall have power to do anything which may lawfully be done in order to carry out any of the objects of the corporation.
350