The Common Council shall have the right to acquire erect, construct, maintain, operate and control any electric light or generating plant within said Town, or to provide for, or to purchase electric power and to use, generate, distribute, sell and control electricity for light and power, and to furnish electricity for the streets, dwellings, buildings, stores and other places in and about said Town, and for such electricity other than that furnished for the Municipality in lighting its streets, or public places, it may charge reasonable rates, but such rates in all cases shall be uniform; and such electric light plant and distribution system shall be under the supervision and control of said Common Council, and its wires, poles, distributing system and machinery shall be kept in such repair so that as little danger as possible shall arise therefrom, and so that same will furnish an adequate supply of electricity to all persons in said Town desiring to use same.