Section 108. Continuity of jurisdiction

The board of transportation shall
  be deemed and held to constitute a continuation, as  to  matters  within
  its   jurisdiction,  of  the  transit  commission,  and  not  as  a  new
  commission, for the purpose of succession to all  such  of  the  rights,
  powers,  duties and obligations of the transit commission transferred to
  such board of transportation.