1. Cities incorporated pursuant to this chapter:
(a) Are municipal corporations.
(b) Shall be known and designated by the name and style adopted.
2. Under such name, cities may:
(a) Sue and be sued.
(b) Contract and be contracted with.
(c) Acquire and hold real and personal property for corporate purposes.
(d) Have a common seal and change the same at pleasure.
(e) Have perpetual succession.
(f) Exercise all the powers conferred in this chapter.