The citizens of Scotland Neck shall be and continue to be as heretofore a body corporate and politic, under the name and style of Scotland Neck, and by this name may take, hold and acquire for the purpose of its government, welfare and improvement all such estate and property as may be devised, bequeathed or conveyed to it, and may sell any property acquired by it when deemed for the interest of the town.
(1992 Code, Charter Art. II, § 1)