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Property vested in commissioners going out shall vest in their successors.
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15. Whenever and so soon as any body of commissioners shall have completed their appointed term of office, all right, title, and interest in and to any monies, books, papers, lands, or tenements, and all other property whatsoever, real or personal, theretofore vested in or appertaining to such commissioners by virtue of this Act, or acquired by or arising from the powers by this Act created, shall be divested from and out of such body of commissioners and shall be transferred to and shall become vested in the body of commissioners elected to supply the places of such former commissioners, to all intents and purposes, as fully and effectually as if the same had been assigned, transferred, or conveyed by any instrument or assurance in law, by delivery of seisin, or of actual possession.
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