Powers of Cor- poration.
Restric- tion on sale of property.
Transfer of pro- perty.
Number of trustees.
perpctual 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 break alter and make anew the said seal.
4. (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 where- soever situated and also to invest moneys upon deposit in any bank in the Colony or upon mortgage of any lands, buildings, messuages or tenements or upon the mortgages, debentures, stocks, funds, shares or securities of any Government, muni- cipality, corporation, company or person, and also to purchase, acquire and possess vessels and other goods and chattels of what nature and kind soever :
J
Provided that the Corporation shall not acquire any im- movable property in the Colony unless it shall have previously obtained the special consent of the Governor in Council in each
case.
(2) The Corporation shall further bave power by deed under its seal to grant, sell, convey, assign, surrender, exchange, parti- tion, 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 to the Corporation may seen fit.
قان
5. The trustees shall not sell any land (with or without buildings thereon) vested in the trustees unless the approval of a general meeting of members of the Church to the sale has first been obtained provided that in favour of a bona fide purchaser for value the production of a copy of the resolution duly certified under the hands of all the trustees for the time being in the Colony shall be conclusive evidence of such approval.
0. The legal estate in any property whatsoever transferred to or vested in the Corporation in any manner whatsoever shall in the event of the death of any of the trustees for the time being or in the event of any trustee ceasing to hold office as such trusted vest in the trustees for the time being duty appointed.
7. The number of the trustees shall be nine.
of office
каза
8. The office of any trustee shall be automatically vacated Vacation if such trustee shall die or shall resign his office or if a resolution be passed at a meeting of members of the Church requiring the trustees. resignation of such trustee or if his term of office shall come to an end.
trustees:
9. (1) Trustees shall be elected by members of the Church. New
(2) The first trustees shall be elected at an Annual General their
appoint- Meeting of members of the Church held not less than one month ment and and not more than six months after the date of this Ordinance and tenure of
office. subsequent elections shall be held thereafter at regular intervals of twelve months. All members of the Church of full age and
sound mind shall be eligible for election as trustees.
(3) At the first election of trustees a list of trustees shall be prepared with the names of the trustees elected in order according to the number of votes secured, the trustee obtaining most votes being placed first and the others in descending order. The three trustees who obtained the smallest number of votes shall retire at the end of one year, the three trustees who obtain the next smallest number of votes shall retire at the end of two years and the three trustees who obtain the greatest number of votes shall retire at the end of three years after the first election.
(4) At elections at an annual general meeting held after the first election of trustees, trustees shall be elected for a term of three years, but so that if a trusted shall vacate office before the expiration of his term the trustce appointed to succeed him shall hold office only for the then residue of the term of the trustee who vacated his office. Retiring trustees shall be eligible for re-election.
(5) If the office of a trustee is vacated for any reason other than the expiration of his term of office a new trustee shall be elected at one of the monthly meetings of members of the Church and such trustee shall hold office until the next annual general meeting of members of the Church.
10. (1) Any change in membership of the trustees shall Notifica- within three weeks of such change be notited by the publication tion of
changes of a notice in the Gazette.
(2) No such change shall be deemed to have been made until a notification of such change has been published in the Gazette.
of
(rustees.