Trustee.
(h) to acquire and hold immovable property for the actual use and occupation of the company or any of its officers and servants and to erect, construct, enlarge, alter and maintain any buildings necessary or convenient for the said purposes and to sell or otherwise dispose of any such immovable property if not required for the said purposes;
(i) to hold land which having been mortgaged to the company is acquired by it for the protection of its investments; and from time to time sell, mortgage, lease or otherwise dispose thereof;
(j) to deposit the moneys of the company not immediately required with any bank or banks at interest until such moneys can be more permanently invested and to invest the moneys of the company in accordance with the provisions of section 91;
(k) to borrow moneys and secure the repayment thereof with interest in accordance with the provisions of section 93;
(l) to receive and collect such remuneration for its services as is agreed upon or as fixed or allowed from time to time by law and all usual and customary charges, costs and expenses;
(m) to support and subscribe to any charitable or public object and any institution, society or club which may be for the benefit of the company or its employees or may be connected with any town or place where the company carries on business; to give pensions, gratuities or charitable aid to any person or persons who may serve or have served the company or to the wives, children or other relatives of such persons; to make payments towards insurance and to form and contribute to provident and benefit funds for the benefit of any persons employed by the company: Provided that no such subscription, gift, payment or contribution shall be given or made, except out of profits of the company available for distribution as dividend;
(n) to acquire and undertake the whole or any part of the business of any person or company of a like nature to any business which a trust company
511
[CAP. 29
Trustee.
(h) to acquire and hold immovable property for the actual use and occupation of the company or any of its officers and servants and to erect, construct, enlarge, alter and maintain any buildings necessary or convenient for the said purposes and to sell or otherwise dispose of any such immovable property if not required for the said purposes;
(i) to hold land which having been mortgaged to the company is acquired by it for the protection of its investments; and from time to time sell, mortgage, lease or otherwise dispose thereof;
(i) to deposit the moneys of the company not imme- diately required with any bank or banks at interest until such moneys can be more permanently invested and to invest the moneys of the company in accordance with the provisions of section 91; (k) to borrow moneys and secure the repayment thereof with interest in accordance with the provisions of section 93;
(1) to receive and collect such remuneration for its services as is agreed upon or as fixed or allowed from time to time by law and all usual and custom- ary charges, costs and expenses;
(m) to support and subscribe to any charitable or public. object and any institution, society or club which may be for the benefit of the company or its employees or may be connected with any town or place where the company carries on business; to give pensions, gratuities or charitable aid to any person or persons who may serve or have served the company or to the wives, children or other relatives of such persons; to make payments towards insurance and to form and contribute to provident and benefit funds for the benefit of any persons employed by the company : Provided that no such subscription, gift, payment or con- tribution shall be given or made, except out of profits of the company available for distribution as dividend;
(n) to acquire and undertake the whole or any part of the business of any person or company of a like nature to any business which a trust company
511
[CAP. 29
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