The citizens of the State of New York, from
time to time inhabitants of the territory comprised within the boundaries
of the City of Cohoes, shall continue to be a municipal corporation
in perpetuity under the corporate name of the "City of Cohoes," and
the same shall in that name be a body politic and corporate in fact
and in law, with power of perpetual succession. The City shall have
power:
A. To take, purchase, hold, lease, sell and convey such
real and personal property as the purpose of the corporation may require.
B. To take by gift, grant, bequest and devise and hold
real and personal estate absolutely or in trust for any public use,
including that of education, art, ornament, health, charity or amusement,
for parks or gardens or for the use or erection of statues, monuments,
buildings or structures, upon such terms or conditions as may be prescribed
by the grantor or donor and accepted by said corporation, and to provide
for the proper administration of the same.
C. To make, have and use and from time to time to alter
a common seal.
D. To contract and be contracted with, to sue and be
sued, to complain and defend and to institute, prosecute, maintain
and defend any action or proceeding in any court.
E. To have and exercise all of the rights, privileges
and jurisdiction essential to a proper exercise of its corporate functions,
including all that may be necessarily incident to, or may be fairly
implied from, the powers specifically conferred upon such corporation.
F. To have and exercise all the rights, privileges, functions
and powers now prescribed and exercised by it under existing or subsequent
laws and not inconsistent with the provisions of this Charter.