Section 228. Railroad commissioners to deliver to supervisor property

Forthwith, upon the filing of such bond as aforesaid, the town clerk  of
  the  town  shall  indorse upon copies of such bond to be provided by the
  said supervisor, a certificate to the effect that the said bond has been
  filed in the office of such town clerk, and said supervisor shall  serve
  such   copies   and   certificate   upon   the   railroad  commissioners
  respectively, and thereupon it  shall  be  the  duty  of  such  railroad
  commissioners  to  pay  over  to such supervisor all moneys remaining in
  their hands as railroad commissioners of such town, and to  deliver  all
  books,  papers, securities and other property belonging to said town and
  remaining in their hands as such commissioners unto the said supervisor,
  and to take his receipt therefor, which  receipt  shall  be  to  them  a
  proper  and  sufficient  voucher.  Immediately upon the delivery of said
  moneys  and  property  by  the  said  railroad  commissioners   to   the
  supervisor,  as  aforesaid,  and  in the manner aforesaid, the office of
  railroad commissioner of such town shall  wholly  cease,  and  the  said
  supervisor  shall  thereupon  be  invested with all the powers conferred
  upon such railroad commissioners by the statute  and  proceedings  under
  and by which they were appointed, and shall be subject to all the duties
  imposed  upon such commissioners by such statute, and all securities and
  evidences of debt transferred by said commissioners to  said  supervisor
  as  aforesaid,  which  by  the  terms  thereof  are  payable to the said
  railroad commissioners, shall be paid when due to said supervisor,  upon
  his indorsement as supervisor, in the same manner and to the same effect
  as if indorsed by said railroad commissioners.