The trustees of said Village shall have the same powers to lay out, alter, and discontinue streets and highways in said Village as are vested, by law, in the selectboard in towns, and all proceedings in respect to laying out, altering, and discontinuing streets and highways in said Village shall be had in the same manner as is prescribed by law in respect to such matters in towns, and from all of their acts or omissions or refusals to act in such respect, appeals may be taken to the County Court in the same manner as is provided by law for the decision of selectboards in such matters. And the Selectboard of the Town of Derby, shall have no power to lay out, alter or discontinue streets or highways within the limits of said Village. The trustees shall have full charge of repairing streets and highways in said Village.