8. ' Corporation may hold property movable and immovable

The Corporation, shall be able and capable in Law to acquire and hold any property movable or immovable, which may become vested in it by virtue of any purchiase, grant, gift or testamentary disposition or otherwise, andall such property shall be held by the Corporation for the purposes of this Act and subject to the rules for the time being of the Corporation, with full power to sell, mortgage, lease, exchange orotherwise dispose of, encumber or charge the same.