The commissioners [aldermen] of said town shall have power to pass all bylaws, rules and regulations necessary for the good government of said town, not inconsistent with the laws of this state, and shall also have power to abate all nuisances and may impose such fines and penalties as may be necessary to abate them. The governing body of said town is hereby authorized and empowered to impose, levy and collect such taxes as municipal corporations are authorized by the general laws of the state to impose, levy and collect, subject only to such limitations as are imposed by the general laws of the state with respect thereto.
(S.L. 1949, c. 144, Sec. 1)