The Select Board of the Town of Bolton, acting by virtue of the power given to it by MGL c. 40, § 22, and by virtue of any other power as hereto enabling, hereby adopts and makes the rules and orders for the regulation of carriages and vehicles used in the Town for regulating traffic upon the streets and highways of said Town which are hereto annexed, the same to be known as "Traffic Rules and Orders of the Town of Bolton"; insofar as the rules and orders or any of them are the same as the regulations, rules and orders now in force, they shall be deemed to be a continuation thereof.