9. Corporation may hold property movable or immovable

The Corporation shall be able and capable in law to acquire and hold any property both movable or immovable, which may become vested in it by virtue of any purchase, grant, gift, testamentary disposition or otherwise, and all such property shall be held by the Corporation for the purposes of this Act, and be subject to the rules of the Corporation under section 7 it shall have full power to sell, mortgage, lease, exchange or otherwise dispose of the same.