The office of Town Solicitor shall be for a term of one year, which term shall commence on January 1 of each given year and terminate at 11:59 a.m. on December 31 of each given year, with the understanding that the holder of said office is appointed. It is understood that the Town of Hammonton has, by tradition, made this appointment at the Mayor and Council reorganization meeting, which is held at 12:00 noon on January 1 of each year.