HENRY LLOYD, ESQUIRE, GOVERNOR,

ceive, possess and enjoy any land, tenements,
hereditaments, goods, chattels, rights, credits
and effects of whatever nature, kind an d quality
to the amount of twenty thousand dollars, law-
ful money, to sell, grant, dispose, alien or de-
mise the same in such manner and form and
to such use as they shall and may deem proper
to and for the purpose in this act expressed.

SEC. 5. And be it enacted, That in all cases
where, within the bounds of said Presbytery,
in this State, there may exist or be found real
estate which may belong to Presbyterian

419

Churches where no authority is vested in local
trustees of said churches to hold or dispose of
said real estate, that the corporation hereby
constituted is hereby authorized to take poses-
sion of the same and make such disposition
thereof by sale or otherwise as may be deemed
best, and if sales are made of said real estate
to apply the proceeds for the purpose aforesaid .

SEC. 6. And be it enacted, That the said cor-
poration be and hereby is made capable to do
and execute all and singular such matters and

Title to.

things as bodies politic and corporations may
or can carefully do; to sue and be sued, plead
and be impleaded, answer and defend in Courts
of Law and Equity and otherwise howsoever,
&c.; to have and use a common seal, with such
device as they may deem proper.

SEC. 7. And be it enacted, That the Treasurer
to be appointed by this act, shall enter into

Mar sue, &c.

bond with one or more good and substantial
freeholders in a sum equal to double the
amount of stock in hand at his appointment,
for the faithful performance of his office, and
payment over of any money that may be in
his hands to his successors in office, and for
the delivery over of all such books and papers
that may be in his possession belonging to
said corporation.

Approved April 7, 1886.

Bond.