Every religious corporation may take and hold by gift, devise, will, deed or lease real estate or moneys, securities or other things of value to be laid out in real estate and personal property of all kinds and may alien, mortgage or otherwise encumber and dispose of the same at pleasure, unless restricted by the provisions of such gift, devise, will, deed or lease.
26 Del. Laws, c. 89, § 11; Code 1915, § 2174; 29 Del. Laws, c. 167; Code 1935, § 2481; 27 Del. C. 1953, § 110.