Where the facts warrant the Court may adjudge an adult guilty of the offense charged and may:
(1) Impose the penalty provided by law; or
(2) Suspend the penalty, or any part thereof, and place the person on probation under such terms and conditions as the Court deems proper.
10 Del. C. 1953, § 942; 58 Del. Laws, c. 114, § 1; 69 Del. Laws, c. 335, § 1.