First Methodist Episcopal Church v. Dixon

Powers are expressly conferred upon the trustees by these acts, substantially as follows:

By the act of 1857, first, “All the powers conferred on such corporations organized under the Third Division of the twenty-fifth chapter of the Revised Statutes; ” second, to “ hold and possess in fee all the property, real and personal, donated to, and held and belonging to said corporation; ” third, “ to convey said property in fee by deed or mortgage in security for money loaned or to be loaned thereon for the erection on such real property of ‘ á place of worship, or such other 'improvements as may'…