A copy of said articles of association, together with the charter and constitution of the supreme lodge of the world, Loyal Order of Moose, shall be filed with the secretary of state; and thereupon the persons who have signed such articles of association, their associates and successors, shall be a body politic and corporate, by the name expressed in such articles of association, and by that name they and their successors shall have succession, and shall be persons in the law, capable to purchase, take, receive, hold and enjoy to them and their successors, estates, real and personal, of suing and being sued, and to have a common seal, which may be altered or changed at their pleasure: Provided, That the value of such real and personal estate shall not exceed the sum of 500,000 dollars and that they and their successors shall have the power to give, grant, sell, lease, mortgage, demise and dispose of said real and personal estate or part thereof at their will and pleasure, and the proceeds, rents and incomes shall be devoted to the protection and aid of its members and their families, and for no other purpose. Said corporation shall have full power to make and establish rules, regulations and by-laws, for regulating and governing all the affairs and business of said corporation not repugnant to, or inconsistent with the constitution, rules and edicts of the supreme lodge of the world, Loyal Order of Moose, or with the constitution and laws of this state, or of the United States, and to elect and appoint from its members, such officers, under such name and style as shall be in accordance with the constitution of the grand lodge of the order.