All districts legally organized shall be corporations, with power to sue and be sued, to hold and dispose of real and personal property for the use of the schools therein, and to make necessary contracts in relation thereto.
Source. RS 70:1. CS 73:4. GS 78:14. GL 86:14. PS 89:2. 1909, 23:2. 1921, 85, IV:2. PL 119:2. RL 138:2.