The police magistrate shall be commissioned and qualified in the same manner as justices of the peace, and shall have the same jurisdiction, powers, emoluments and fees, and shall do and perform all acts and things authorized by law, as other justices of the peace in Cook County. He shall be conservator of the peace, and have jurisdiction in all cases arising under this act, and the ordinances of the corporation in preference to any other justice of the peace, though now exclusive jurisdiction thereof, and shall be entitled to the same fees for his services as are now or may be allowed by the laws of this state for similar services, and to be collected in the same manner. Appeals and changes of venue may be taken from him in the same manner as from other justices of the peace, and in case of malfeasance or misfeasance in office he shall be subject to the same fine and penalties as are imposed by law upon justices of the peace. It shall be the duty of any justice of the peace of Cook County when an appeal is taken to him from such police magistrate, to hear and determine the case, also upon complaint being made to him for any violation of this act or any ordinance to issue his warrant, process or summons, and exercise the same jurisdiction as such police magistrate and be entitled to the same fees to be collected in the same manner. No person shall be eligible to the office of police magistrate, unless he shall have resided in said village, one year next preceding his election, and in case of a vacancy, the council shall order a special election to fill such vacancy.