Section 48-102-102 - Power of grand lodge over property

The grand lodge is empowered to acquire by purchase, deed, gift, devise, bequest, or otherwise, and to hold, sell, convey, mortgage, bond or otherwise dispose of or encumber any and all property, real and personal, that it may deem necessary for any legitimate purpose of its organization; provided, that such property is, in the opinion of the grand lodge, necessary or convenient in the execution of the objects and purposes of the grand lodge.Acts 1925, ch. 136, § 1; Shan. Supp., § 2577a; 8; Code 1932, § 4423; T.C.A. (orig. ed.), §§ 48-1502, 48-4-102.