Clause 7

purchase or lease any lands required for any of the purposes of this Ordinance;

take up and subscribe for or otherwise acquire shares in any company, if membership of the company is essential or advantageous to the Society in connection with the acquiring and holding of any lease or tenancy from the company of land required for any of the purposes of this Ordinance;

except in the case of leases from month to month, sell, surrender, lease, exchange or mortgage any land or building vested in it either in block or in parcels as may be found most convenient or advantageous;

borrow money whether by way of bank overdraft or otherwise for such of the purposes of the Society as the Council may from time to time consider desirable;

guarantee any contract of any company from which the Society holds or intends to hold any lease or tenancy in accordance with the provisions of paragraph (b) of this section and any other contract in which the Society may have a financial interest and to which it may lawfully be a party in accordance with the provisions of this section; and

do all things which are necessary for carrying out the purposes of the Society.