New South Wales Consolidated Acts New South Wales Consolidated ActsFrom and after the passing of this Act the said members of the Council of the King’s School shall be and they are hereby constituted a body politic and corporate by the name of the Council of the King’s School, and by that name shall have perpetual succession and a common seal, and may enter into contracts, and sue and be sued or otherwise appear and answer and be answered, and may take and hold to them and their successors by grant, will, or otherwise, in perpetuity or for any life or term of years, as well lands, hereditaments, and chattels real as chattels personal, and may, subject to the provisions hereinafter contained, grant, demise, mortgage, charge, alien, or otherwise dispose of all or any lands, hereditaments, or chattels, real or personal, which may at any time be vested in the said body corporate, and may issue debentures and lend or advance money, and also shall or may do all other things incident or appertaining to a body corporate.