Real Property Transfer Agreement - South Bend Heritage Foundation - 912 W Oak Street (2)

Home Browse Search

4 (6) To Deal in Secaariti s, To purchase, take, receive, sub- scribe for, or otherwise dispose of, and to deal in shares of other interests in, or obligations of, other domestic or foreign corporations, associations, partnerships or individuals, or direct or indirect obligations of the United States or any other govern- ment, state, territory, governmental district or municipality. (7) To Make Contracts. To enter into, perform, cancel, and rescind all kinds of contractural obligations. (8) To Borrow Funds. To borrow or raise funds for any of the corporate Purposes stated in paragraphs A through F without limit as to amount; to execute, accept, endorse, and deliver, as evidence of such borrowing, all kinds of securities, including, but without limiting the generality thereof, promissory notes, drafts, bills of exchange, bonds, debentures and other negotiable or non-negotiable instruments and evidences of indebtedness; and to secure the pay- ment and full performance of such securities by mortgage on, or pledge, conveyance, or assignment in trust of, the whole or any part of the assets of the Foundation, real, personal or mixed, including contract rights, whether at the time owned or thereafter . acquired. (9) To Lend Funds. To lend funds for any of the corporate Purposes stated in paragraphs A through F, including the investment of its funds from time to time, and to take real and personal property as security for the payment of funds so loaned or invested.