The Person for the Time being holding the Office of Receiver for the Metropolitan Police District shall be a Corporation Sole, by the Name of " the Receiver for the Metropolitan Police District," and by that Name shall have perpetual Succession, with a Capacity by his Official Name to acquire and hold Lands, to hold Stock in the Public Funds, Shares in any public Company, Securities for Monies, and Personal Property of every Description, to sue and be sued, to execute Deeds, using an Official Seal, to make Leases, to enter into Engagements binding on himself and his Successors in Office, and to do all other Acts necessary or expedient to be done in the Execution of the Duties of his Office.