The inhabitants of the City of Oxford, North Carolina, within the boundaries and limits of said city as established in section 2 of this charter or as hereinafter established in the manner provided by law shall be and continue to be a body politic and corporate by the name “City of Oxford,” and under that name shall have perpetual succession and is hereby invested with all the property and rights of property which now belong to said corporation under any corporate name or names heretofore used; may use a corporate seal; may sue and be sued; may contract and be contracted with; may plead and be impleded; may acquire property within or without its boundaries for any municipal purposes, in fee simple or lesser interest or estate by purchase, gift, devise, lease, or condemnation and may sell, lease, hold, manage, and contract such property as its interests may require; and except as provided by the Constitution of North Carolina, or
restricted by this charter, the City of Oxford shall have and may exercise all municipal powers, functions, rights, privileges, and immunities of every name and nature whatsoever.
(Session Laws 1963, Ch. 971, Art. I, § 1)
Statutory reference:
Incorporation and general powers, see G.S. § 160A-11