2006 New York Code - Powers Of Joint Corporations.

 
    § 9. Powers  of  joint corporations. Such corporation may acquire real
  property in the town, village or city in which such hall,  home,  temple
  or building is or is to be located, and erect such building or buildings
  thereupon  for the uses and purposes of the corporation, as the trustees
  may deem necessary, or repair, rebuild or reconstruct  any  building  or
  buildings  that  may  be  thereupon  and furnish and complete such rooms
  therein as may appear necessary for the use of such bodies  or  for  any
  other purpose for which the corporation is formed; and may rent to other
  persons  any  portion  of such building or real property for business or
  other purposes. Until such real  property  shall  be  acquired  or  such
  building  erected  or  made  ready for use, the corporation may rent and
  sublet such rooms or apartments in such town, village or city as may  be
  suitable  or  convenient  for  the  use  of the bodies mentioned in such
  certificate, or of such other bodies as may desire to use them, and  the
  board  of trustees may determine the terms and conditions on which rooms
  and apartments in such building or buildings, when erected, or which may
  be leased, shall be used and occupied. Before such corporation  composed
  of not more than thirty bodies shall purchase or sell any real property,
  or  erect  or  repair any building or buildings thereupon, and before it
  shall purchase any building or part of a  building  for  the  use  of  a
  corporation, it shall submit to the bodies constituting the corporation,
  the proposition to make such sale or purchase, or to erect or repair any
  such building or buildings, or to rent any building or part thereof, for
  the  use  of  the  corporation; and unless such proposition receives the
  approval of two-thirds of the bodies constituting the corporation,  such
  proposition  shall  not  be  carried  into  effect.  The evidence of the
  approval of such proposition by any such body shall be a certificate  to
  that  effect  signed by the presiding officer and secretary of the body,
  or the  officers  discharging  duties  corresponding  to  those  of  the
  presiding  officer and secretary, under the seal of such body. But where
  land is purchased for the purpose of erecting a  hall,  home  or  temple
  thereon,  the  buildings upon such land at the time of such purchase may
  be sold by the trustees without such consent. The powers of the board of
  trustees of every corporation created hereunder  and  composed  of  more
  than  thirty  bodies,  respecting sales, purchases and repairs, shall be
  fixed by the by-laws adopted  by  the  representatives  of  the  various
  bodies  composing  such  corporation,  or  shall  be  determined by such
  representatives when assembled  in  annual  session.  Every  corporation
  created  hereunder shall have power to enforce, at law or in equity, any
  legal contract which it may make with any of  the  bodies  composing  it
  respecting  the  care  and maintenance of members or other dependents of
  such body, the same as if such body or bodies were not  members  of  the
  corporation.  Any corporation created hereunder shall have power to take
  and hold real and personal estate by purchase, gift, devise  or  bequest
  subject  to  the  provisions  of law relating to devises and bequests by
  last will and testament or otherwise.