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Additional purposes for which loans may be granted.
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4. In addition to the purposes for which loans may be made, is stated in section three of the principal Act, the board may also make loans in the manner and subject to the conditions therein mentioned for either of the purposes following; viz. :—
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1. The purchase of any dwelling-house, with or without offices, deemed desirable for the dwelling-house of any ecclesiastical person, such loan not to exceed two-thirds of the purchase money :
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2. The discharge of any debt due and incurred before the tenth day of August one thousand eight hundred and seventy in the erection, enlargement, or structural improvement of any such dwelling-house or offices thereto annexed, such loan not to exceed two-thirds of the amount expended on such building.
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