40:43-1 - Every municipality a body corporate - New Jersey Statutes

40:43-1.  Every municipality a body corporate
    The inhabitants of every municipality shall be a body corporate in fact and  in law, and by its corporate name it shall have perpetual succession, may sue  and be sued, have a common seal, and purchase, acquire, lease, hold, let and  convey real and personal property for the use and benefit of the municipality.