= 3.
(4.) If in the case of any property vested in the corporation by this Ordinance any declarations of trust or rights of way or other rights shall have been regis- tered in the Land Office against auch property the corporation shall take and hold the said property sub- ject to such declarations of trust or rights of way or other rights, if valid.
5.-1.) The corporation shall stand possessed of each Trusts. of the properties specified in the first columns of the First and Second Schedules, and of the income of the said properties, in trust for the purpose of carrying on so far as possible the work formerly carried on in the Colony by the mission the name of which appears in the corresponding entry in the first columns of the said Schedules.
(2.) The corporation shall also stand possessed of all moneys and other property which may be transferred to the corporation by the Custodian of Enemy Property in trust for the purpose of carrying on so far as possible the work formerly carried on in the Colony by the mission which may be certified by the Custodian as being the mission to which such moneys or other pro- perty are or is attributable.
(3.) The trusts declared by this Ordinance shall also affect any property into which any property at any time subject to the said trusts shall have been converted, and also the income of any such property.
(4.) In the case of the Basel Evangelical Missionary Society the work formerly carried on by the said Society in the Colony shall be deemed to include the carrying out of any pension scheme formerly administered by the said Society provided that nothing in this sub- section shall obligo the enrporation to pay any pensions or allowances to any persone in respect of any service outside the Colony.
(5.) Subject to the provisions of section 6 and Anbject to the previous consent of the Governor in Council in the case of immovable property, it shall be lawful for the corporation to transfer to any other person, either permanently or temporarily, any property for the time being vested in or belonging to the corporation, upon such trusts or subject to such conditions as the corporation may determine.
(6.) Subject to the provisions of section 6 it shall be lawful for the corporation, in its absolute discretion, to determine the manner in which any of the trusta declared by this Ordinance shall be carried out, and to apply any particular property or the income or proceeds of any particular property to any particular object whatsoever,
6. It shall be lawful for the Governor in Council, Power of
Governor in whenever he may think it desirable to do so in the Council to interests of any of the missions referred to in this Ordi- give nance, or in the interests of the Colony, or for the directions. purpose of carrying on more satisfactorily the work formerly carried on in the Colony by any of the said missions, to give any direction whatsoever to the cor- poration, either generally or in any particular case, 38 to the manner in which the trusts set forth in section 5 are to be carried out, or as to any matter connected with the carrying out of the said trusts, and the corporation shall comply with every each direction of the Governor in Council.
7. All instruments which require the seal of the Execution of corporation shall be sealed with the common seal of the instrumenta corporation and shall also be signed by three of the under seal. trustees.
8. If any act shall be done, or any discretion be Validity of exercised, or any instrument be executed, by three of action by the trustees, in pursuance of the provisions of this thres of the Ordinance, no such act or discretion or instrument
truatdes.
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