The inhabitants of that territory embraced within the boundaries as established by No. 280 of the Acts of 1915 shall continue as a body corporate and politic, under the name of the City of St. Albans; and by that name may sue and be sued, prosecute and defend in any court; may have a common seal, and alter it at pleasure; may take, hold, purchase, and convey such property, real and personal, within or without its corporate limits as the purpose of the corporation may require; may borrow on the credit of the City, in the mode and under the restrictions hereinafter provided; may elect  representatives to the General Assembly of the State, and the same number of justices of the peace, as a town of equal population; and generally shall have, exercise, and enjoy all such rights, immunities, powers, and privileges as are conferred upon or are incident to towns in this State; and shall be subject to like duties, liabilities, and obligations, except as otherwise provided in this act. (Amended 2009, No. M-23 (Adj. Sess.), § 4, eff. May 20, 2010.)