5. Corporation may hold property movable and immovable

Subject to the provisions of this Act, the Corporation shall be able and capable in law to take and hold any property, 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 purpose of the Act and subject to the rules of Corporation, made under section 7, with power to sell, mortgage, lease, exchange, or otherwise dispose of the same.