How to Change SharePoint List or Library Settings Programmatically with PowerShell?

Add-PSSnapin Microsoft.SharePoint.PowerShell -ErrorAction SilentlyContinue

#Function to Get a Single List
function Get-SPList([string]$URL, [string]$ListName) 
{
  $Web = Get-SPWeb $URL
  $List = $Web.Lists[$ListName]
  return $List
  $Web.Dispose()
}

$WebURL= "https://sharepoint.crescent.com"
#Get the List 
$list= Get-SPList $WebURL "Shared Documents"

#Set Draft item security - Who should see draft items in this list? 
$list.DraftVersionVisibility = 1
#Any user who can read items = 0. Only users who can edit items = 1. Only users who can approve items (and the author of the item) = 2

#Update list settings
$list.Update()

# For MOSS 2007 compatibility
[void][System.Reflection.Assembly]::LoadWithPartialName("Microsoft.SharePoint")

#Region MOSS2007-CmdLets
Function global:Get-SPSite()
{
  Param( [Parameter(Mandatory=$true)] [string]$SiteCollURL )

   if($SiteCollURL -ne '')
    {
    return new-Object Microsoft.SharePoint.SPSite($SiteCollURL)
   }
}
 
Function global:Get-SPWeb()
{
 Param( [Parameter(Mandatory=$true)] [string]$SiteURL )
  $site = Get-SPSite($SiteURL)
        if($site -ne $null)
            {
               $web=$site.OpenWeb();
            }
    return $web
}
#EndRegion


#Site URL 
$WebURL= "https://sharepoint.crescent.com/regions/emea/"

$Web=Get-SPWeb $WebURL
 
 foreach($List in $web.lists)
 {
   #Change the setting for all document libraries
   if ( ($List.BaseType -eq "DocumentLibrary") -and ($List.Hidden -eq $false) )
   {
       write-host "Applying Settings on List: $($list.title)"
         
        #Set Draft item security - Who should see draft items in this list?
        $list.DraftVersionVisibility = 1
        #Any user who can read items = 0. Only users who can edit items = 1. Only users who can approve items (and the author of the item) = 2
         
        #Update list settings
        $list.Update()
   }

 }

#List Name
$list.Title = "Project Metrics"

#List Description
$list.Description = "List to Capture Project Artifacts"

#Navigation: Display this document library on the Quick Launch? 
$list.OnQuickLaunch=$false

#Content Approval
$list.EnableModeration = $true

#Document Version History Settings
$list.EnableVersioning = $true
$list.EnableMinorVersions = $true #Applicable only to Libraries
$list.MajorWithMinorVersionsLimit = 5 #No. of Drafts in Lists
$list.MajorVersionLimit = 5

#Set Draft item security
#Who should see draft items in this list? 
$list.DraftVersionVisibility = [Microsoft.SharePoint.DraftVisibilityType]::Author
#Any user who can read items = 0. Only users who can edit items = 1. Only users who can approve items (and the author of the item) = 2

#Require Check Out:
$list.ForceCheckout = $true

#Set Validation Settings
$list.ValidationFormula = "=[EndDate] > [StartDate] "
$list.ValidationMessage = "End Date must be > Start Date!"

#Allow management of content types? 
$list.ContentTypesEnabled = $true

#Open in the client application
$list.DefaultItemOpen = "PreferClient"

#Open in the browser 
$list.DefaultItemOpen = "Browser"

#Use the server default (Open in the client application)
$list.DefaultItemOpenUseListSetting = $false

#Custom Send To Destination - Applicable only to Libraries
$list.SendToLocationName = "Record Center"
$list.SendToLocationUrl = "https://recordcenter.crescent.com/archives/2013/"

#enable disable New Folders
$list.EnableFolderCreation = $false

#Search - Allow items from this document library to appear in search results? 
$list.NoCrawl = $true

# Send e-mail when ownership is assigned?  
$list.EnableAssignToEmail = $true

#Offline Client Availability: Allow items from this document library to be downloaded to offline clients? 
$list.ExcludeFromOfflineClient = $true

#Site Assets Library: Should this document library be a site assets library? 
$list.IsSiteAssetsLibrary = $false

#Datasheet - Allow items in this document library to be edited using the datasheet? 
$list.DisableGridEditing = $true

#Dialogs - Launch forms in a dialog? 
$list.NavigateForFormsPages = $true

#Read access
$list.ReadSecurity = 2
#Read all items = 1. Read items that were created by the user = 2

#Create and Edit access
$list.WriteSecurity = 4
#Create and edit all items = 1. Create items and edit items that were created by the user = 2
.None = 4

#Attachments - Applicable only to Lists!
$list.EnableAttachments = $false

$list.EnableAssignToEmail = $true
$list.EmailAlias="TravelClaims" #Incoming E-mail Address
$list.rootFolder.Properties["vti_emailusesecurity"] = 0
$list.rootFolder.Properties["vti_emailsaveattachments"] = 1
#Group attachments in folders. "subject"  "sender"  "root"
$list.rootFolder.Properties["vti_emailattachmentfolders"] = "subject"
$list.rootFolder.Properties["vti_emailoverwrite"] = 0
$list.rootFolder.Properties["vti_emailsavemeetings"] = 0
$list.rootFolder.Properties["vti_emailsaveoriginal"] = 1
$List.RootFolder.Update();

$List.EnableSyndication = $true;
$List.RootFolder.Properties["vti_rss_LimitDescriptionLength"]=0
$List.RootFolder.Properties["vti_rss_DocumentAsEnclosure"] = 0
$List.RootFolder.Properties["vti_rss_DocumentAsLink"] = 1
$List.RootFolder.Properties["vti_rss_ItemLimit "] = 25
$List.RootFolder.Properties["vti_rss_DayLimit"] = 7
$List.RootFolder.Update();

$list.Update()