The Municipal Court of the City of Charlotte created and existing under the prior Charter of the city is hereby abolished and a new municipal court is hereby created under and to be governed by the provisions of the Michigan Uniform Municipal Court Act, being Act No. 5, P.A., 1956, as amended. The Municipal Court shall be presided over by a municipal Judge who is an attorney and counselor at law, licensed to practice in the State of Michigan. Such court shall be known and designated as the "Municipal Court of the City of Charlotte."