Section 1.2 EXERCISE OF POWERS.
   All powers, functions, rights, privileges, and immunities of the town, its officers, agencies, or employees, shall be carried into execution as provided by this charter, or, if this charter makes no provision, as provided by ordinance or resolution of the board of commissioners and as provided by the general laws of North Carolina pertaining to municipal corporations.
(Session Laws of 1965, Chapter 79 § 1.2)