That all ordinances and bylaws now in force in said town, and not consistent with
this act, shall remain in force until altered, modified, or repealed under this act;
that all suits, actions, and prosecutions instituted, commenced, or brought shall
be instituted, commenced, or brought in the name of the Town of Indianola; that all
actions, fines, penalties, and forfeitures which have accrued to the corporation of
the Town of Indianola, or to the mayor and board of aldermen of the Town of Indianola,
or otherwise, shall be vested in and prosecuted by the corporation hereby created;
and that all property, real and personal, and all rights and claims heretofore belonging
to the corporation of the Town of Indianola, or to the mayor and board of aldermen
of said town, in whatever name the said corporation may have been known, shall be,
and the same are hereby, declared to be vested in and belong to the corporation hereby
created; and that all contracts, liabilities, debts, and charges now subsisting in
and against the corporation of the Town of Indianola, or the mayor and board of aldermen
of said town, or other corporate name, shall remain in force against the said corporation
hereby created.