-from
3
Powers of Corpora- tion.
Vesting of proparty. Schedula,
name shall have perpetual succession, and shall and may sue and be sued in all courts in the Colony and shall and may have and use a common seal, and may from time to time break, change, alter and make anew the said seal.
3. (1) The corporation shall have power to acquire, accepi 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, stacks, funds, shares or securities of any government, municipality, corporation, or company and also to purchase, acquire and possess goods and chattels of what nature and kind soever.
(a) 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, messages, lencrcuts, . mortgages, debentures, stocks, funds, shares or securities, or other goods and chattels whatsoever, which are for the time being vested in or belonging to the corporation, upon sach terms as to the corporation may seem fit,
4. (1) All those leasehold properties particulars whereof are contained in the Schedule with all rights casements and appurtenances thereunto belonging and together with all the estate right title and interest of the registered owners as the same are now held by the registered owners referred to in the said. Schedule shall upon registration by the corporation in the Land Office of a memorial of this Ordinance vest in the corpora- tion for the residue now unexpired of the terms created therein by the Crown leases thereof subject to the payment of the reat reserved by the said Crown leases and the performance and observance of the lessees' covenants and the conditions therein contained upon such trusts and conditions as may be subsisting in respect of such premises upon the commencement of this Ordinance.
(2) All other property goods and chattels and rights which immediately before the commencement of this Ordinance were held in trust for the Pentecostal: Holiness. Church are hereby transferred to and vested in the corporation.
6. The legal estate in any property whatsoever, vested in Transfer of the corporation in any manner whatsoever, shall, in the event
property. of death of the Superintendent, or in the event of his ceasing to hold office as such Superintendent, pass to his successor in such office subject to compliance with subsection a of section 7.
mant..
6. All deeds and other instruments requiring the seal of the Execution corporation shall be sealed in the presence of the Superintendent of docu- or of his attorney duly authorized, and such deeds and instruments and all other documents, instruments and writings requiring the signature of the corporation shall be signed by the Superintendent or his attorney.
7. (1) The appointment of a new Superintendent, in the Appoint- event of death or for any other reason, shall be made by the ment of Superin- General Board of Administration of the Pentecostal Holiness tandent and Church Incorporated of the United States of America.
registration of parti. culars,
(2) Within six weeks after the commencement of this Ord- inance or within such further period as the Governor may allow, and whenever thereafter any person is appointed to the office of Superintendent within the same period or extended period after such appointment, the Superintendent shall furnish to the Registrar of Companies notice of his appointment and evidence thereof to the satisfaction of such Registrar, and shall then and within three weeks of any change of address, furnish to such Registrar particulars of his place of residence or other sufficient address within the Colony,
(3) The registration of the appointment of a Superintendent shall be conclusive evidence of such appointment.
(4) There shall be payable to the Registrar of Companies a fee of five dollars in respect of a registration of appointment and address under subsection (2) and a similar fee in respect of each change of address, and a fee of one dollar shall be payable in respect of each search of the file.
the Crown
8. Nothing in this Ordinance shall affect or be deemed to Saving of affect the rights of Her Majesty the Queen, Her Heirs and rights of Successors or the rights of any body politic or corporate or of and of any other persons except such as are mentioned in this Ordinance other
certain and those claiming by, from or under them,
right.