k) To borrow money, either from its Bankers or otherwise, with or without security, upon the property of the Association, (l.) Toappoint agents in any part of. (he world for orany of thq purposes of tho Asso ciati <~. a.) To make, accept, endorse, aid execut promissory bills of oxohange, and other negotiable instruments. (N.) To enter into any. arrangements for, shar ing profits, union of interest, co-operation, joint adventure, reciprocal concession, or otherwise, Wjth any corooration or person carrying on, or engaged in, or. ivho, may bo about to cariy on or; engage in, any businrss which this Association 13 autho rised',to tftn on or engage inj or any business ortransaction capable of being carried on so as directly or ;indirectlj^to benefit this' Association';' and to ldfcj money, to guaranteo■tho contract«of r W otherwise assist to become responsible ior any such corporation or person.' (o.)To manage and'deal with any land or property which may_ como into the pobsps- Dion of tlio Association as security, for any debt in sich manner as to the. Directors sliall seem fit, with as.full powers as any Individual have in like (asp, (P.) To construct, carry out; maintain, im prove, manage, work, control, and super intend any stores, factories, warehouses, and other buildings, works, plants, and machinery, which may seem directly or indirectly conducive to any of tho Asso ciation's objects, and to contribute to, subsidise, or otherwise assist'or take part in any such operations or concern;, To mako such arrangements as the Direo torsthink fit for granting, and to grant, special concessions, reductions in prices, rebato in prices,. discounts, or other ad vantages to shareholders, or, to persona ' purchasing at tho factories or stores of tho Association, or to both shareholders and sucli purchasers, (n.) To carry on any businesiof thoAsnocia tion upon co-operative principles to such extent, anil with juch limits, and subject to such provisions av to tlio 'Directors shall seem fit. (8.) To make advances and loans to any per ■son. company, or-firni, and either witn or without security forre-paymcnt. 