Section 3

The Corporation may acquire, purchase, take, hold and enjoy movable and immovable property of every description and may sell, convey and assign, surrender and yield up, mortgage, demise, re‑assign, transfer or otherwise dispose of any movable or immovable property vested in the Corporation upon such terms as to the Corporation seem fit and may sue and be sued by such name of the Procureur in the Straits Settlements of the Scheut Missions in all Courts of Justice.