The inhabitants of the Town of Richmond as presently constituted and the inhabitants of the Village of Richmond as constituted by No. 227 of the Acts of 1902, as amended by No. 216 of the Acts of 1923, No. 178 of the Acts of 1929, No. 293 of the Acts of 1939, No. 247 of the Acts of 1947, and No. 292 of the Acts of 1951 are hereby incorporated and continue to be incorporated and declared to be a body corporate and politic under the name of the Town of Richmond, and under that name may sue and be sued, prosecute and defend in any court; may have a common seal and alter it at pleasure; may borrow money on the credit of the Town, in the mode and under the restrictions hereinafter provided and as provided by the general law of the State; may elect Representatives to the General Assembly of the State, and the number of justices of the peace as provided in Chapter II of the Vermont Constitution for 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 charter.