Clause 4

to establish and maintain a Club and, if necessary branches thereof, for members of the mercantile marine;

to erect buildings on any immovable property of the corporation for the purpose of such a Club or branches, or for the purpose of developing the property of the corporation, and to maintain repair, alter and reconstruct any such buildings;

to provide board and accommodation for members of the mercantile marine on such terms as may from time to time be deemed expedient;

to receive and disburse for the proper purposes of such Club and branches all sums available for the said purposes, whether provided from public funds or contributed by the Government or any foreign government or shipping companies or persons, and all sums received as fees or in payment of board and accommodation or rents; and

such other purposes as are identical with or conducive to the attainment of the objects and general purposes of the corporation.