All lands, tenements, hereditaments, and personal property at present belonging to or vested in the Commissioners, as constituted under the principal Act, and the full benefit of, and all rights, benefits, powers, and privileges to which such Commissioners may be entitled under any deeds, writings, or instruments, shall be and the same are hereby vested in the Commissioners as constituted under this Act; subject to all rights, trusts, and equities affecting the same, and subject also to the provisions of this Act; and the Commissioners hereby constituted shall be bound by, and be liable as a body corporate under, all such deeds, writings, and instruments, in place of and in substitution for the Commissioners under the principal Act.
The Commissioners may in their discretion, from time to time, appoint for such period and on such terms as they may think fit, and may remunerate any person or persons as secretary, clerk, or officer to carry out or assist in carrying our the work or duties of the Commissioners, with power to dismiss any person or persons so appointed.