8. Corporation may hold movable and immovable property

Subject to the provisions of this Act, the Corporation shall be able and capable in law to acquire and hold any property both movable and immovabe, which may become vested in it by virtue of any purchase, grant, gift, testamentary disposition or othermwise, and all such property shall be held by the Corporation for the purpose of this Act and subject to the rules of the corporation made under section 6, with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.