In addition to the powers and privileges given by section six of chapter one hundred and fifty-five, every corporation shall have the following powers and privileges:
- (a) To have perpetual succession in its corporate name, unless a period for its duration is limited by any general or special law.
- (b) Except as provided in section two, to have a capital stock to such an amount as may be fixed, as provided in this chapter, in its agreement of association or articles of organization or of amendment.
- (c) To hold, purchase, convey, mortgage or lease within or without this commonwealth such real or personal property as the purposes of the corporation may require.
- (d) To make contracts, incur liabilities and borrow money on its credit and for its use.