SECTION I.  INCORPORATION.
   That the inhabitants of the Village of Pinehurst shall be, and continue to be, a body politic and corporate, and henceforth the corporation shall bear the name and style of the "Village of Pinehurst", and under such name and style is hereby vested with all the property and property rights which may belong to a municipal corporation in North Carolina in conformity with the provision of this Charter and the general law of North Carolina.