...authorized; (e) may adopt, amend, and repeal bylaws; If) may pun-ha.se or lease .siml hold real or personal property as it deems necessary or convenient...the transaction of its business, and may dispose of any such property held by it. l'h) The Commission shall have the power to act as or appoint a person...

...1938, Title V, sec. 505, 52 Stat. 72; 7 USC, sec. 1505.) 630-212. General powers of corporation. — The Corporation — (a) shall have succession in its...appropriate; (d) subject to the provisions of section 508 (c), may sue and be sued in its corporate name in any court of competent jurisdiction, State or...

...noticed. (d) May make contracts as herein authorized. (e) May adopt, amend, and repeal bylaws. (f) May purchase or lease and hold such real and personal...the transaction of its business, and may dispose of any such personal property held by it. The board shall select a treasurer and as many assistant treasurers...

...authorized. (e) May adopt, amend, and repeal bylaws. (f ) May purchase or lease and hold such real estate and personal property as it deems necessary or convenient...the transaction of its business, and may dispose of any such personal property held by it. (g) Shall have power in the name of the United States of America...

...authorized. (e) May adopt, amend, and repeal bylaws. (f) May purchase or lease and hold such real estate and personal property as it deems necessary or convenient...the transaction of its business, and may dispose of any such personal property held by it. (g) Shall have power in the name of the United States of America...

...adopt, alter, and use a corporate seal, which shall be judicially noticed; (7 USC 1506(b).) (c)7 may purchase or lease and hold such real and personal...held by it upon such terms as it deems appropriate; (7 USC 1506(c).) (d)8 subject to the provisions of section 508(c), may sue and be sued in its corporate...

...ch. 836, 49 stat. 1075. Tennessee Valley Authority has express authority under the act to purchase such real and personal property as it deems necessary...convenient in the transaction of its business and to exercise such powers as may be necessary or appropriate for the exercise of the powers conferred...

...836, 49 stat. 1075. Tennessee Valley Authority has express authority under the act to purchase *uch real and personal property as it deems necessary or...convenient in the transaction of its business and to exercise such powers as may be necessary or appropriate for the exercise of the powers conferred...

...authorized by the statute is mistaken. The statute expressly authorizes the Authority to purchase such property as it "deems necessary or convenient in the transaction of its business." 2 This purchase was necessary to minimize the waste incident to the acquisition of transmission and...

...noticed. (d) May make contracts, as herein authorized. (e) May adopt, amend, and repeal bylaws. (f ) May purchase or lease and hold such real and personal...the transaction of its business, and may dispose of any such personal property held by It. The board shall select a treasurer and as many assistant treasurers...