§ 1. Incorporation.

This Act shall constitute a new charter for the Town of Thunderbolt (hereinafter at times referred to as the "town") repealing and replacing the provisions of an Act revising and consolidating the several Acts relating to and incorporating the Town of Warsaw in Chatham County and changing the name of said town to the Town of Thunderbolt, approved July 21, 1921 (Ga. L. 1921, p. 1122), as amended by an Act approved August 11, 1927 (Ga. L. 1927, p. 1673), an Act approved December 14, 1937 (Ga. L. 1937-38, Ex. Sess., p. 1355), an Act approved January 30, 1946 (Ga. L. 1946, p. 621), an Act approved February 16, 1950 (Ga. L. 1950, p. 2618), an Act approved February 17, 1950 (Ga. L. 1950, p. 2670), an Act approved February 8, 1951 (Ga. L. 1951, p. 2293), an Act approved February 15, 1952 (Ga. L. 1952, p. 2832), an Act approved March 6, 1956 (Ga. L. 1956, p. 3091), an Act approved March 17, 1958 (Ga. L. 1958, p. 2617), an Act approved March 2, 1959 (Ga. L. 1959, p. 2109), an Act approved March 7, 1960 (Ga. L. 1960, p. 2273), an Act approved March 7, 1960 (Ga. L. 1960, p. 2277), an Act approved March 3, 1962 (Ga. L. 1962, p. 2955), an Act approved March 2, 1966 (Ga. L. 1966, p. 2883), and by an Act approved February 6, 1970 (Ga. L. 1970, p. 2018). The Town of Thunderbolt, Georgia, in the County of Chatham, and the inhabitants thereof shall continue to be a body politic and corporate under the same name and style of Town of Thunderbolt, Georgia. Under that name, said town shall continue to be vested with all the property and rights of property which now belong to the corporation; shall be liable and responsible as a corporate body for all legal debts, contracts and obligations which now belong to the corporation; shall have perpetual succession; may sue and be sued; may contract and be contracted with; may acquire and hold such property, real and personal, as may be devised, bequeathed, sold or in any manner conveyed or dedicated to or otherwise acquired by it, and from time to time may hold or invest, sell or dispose of the same; may have a common seal and alter and renew the same at will; and may exercise in conformity with this charter all municipal powers, functions, rights, privileges and immunities of every name and nature whatsoever.