Such portions of the Town of Barton as were included within the limits of School District Number Seven, prior to the enactment of an act, entitled "An act relating to public instruction," approved November 12, 1892, and bounded as the District was then bounded and the inhabitants thereof are hereby incorporated and constituted a school district of the Town of Barton by the name of the Orleans School District, and the school house and all other property of whatever character in the District shall become the general property of the Orleans School District; and the Graded School District shall have all the powers and privileges, and shall be subject to all the duties and liabilities of such districts under the laws of this State, and the laws in addition thereto or in amendment thereof.