18(2)When in the application for incorporation of any company for charitable, philanthropic, temperance, religious, social, political, literary, educational, athletic or other like purposes or for the purpose of promoting economic development, or for the incorporation of a project company or an agricultural association, the applicants apply for incorporation without capital stock, the Director may by letters patent constitute the applicants and others who may become members thereof, a company with all the rights and powers of a company under this Act for all or any of the specified purposes or objects and the following provisions (
a) to (
j) both inclusive, as well as all other provisions of this Act not inconsistent therewith, unless otherwise specified in the letters patent, are applicable to every company so incorporated hereunder without capital stock, namely: