'Possessing' in the Bible

Then the five men departed, and came to Laish, and saw the people who were therein, how they lived in security, in the way of the Sidonians, quiet and secure; for there was none in the land, possessing authority, that might put [them] to shame in anything, and they were far from the Sidonians, and had no dealings with any man.

as sorrowful, yet always rejoicing; as poor, yet making many rich; as having nothing, and yet possessing all things.