Upon the first day of office following the first election of county, city ortown officers for the consolidated localities, the several localities shallbe thereafter for all purposes treated and considered as one county, city ortown, as the case may be, under the name and upon the terms and conditionsset forth in the consolidation agreement and in accordance with theprovisions of this article. All the rights, privileges and franchises of eachof the several localities and all property, real and personal, and all debtsdue on whatever account, as well as other things in action, belonging to eachof such localities shall be deemed as transferred to and vested in theconsolidated locality without further act or deed. All property, allrights-of-way and all other interests shall be as effectually the property ofthe consolidated locality as they were of the several localities prior totheir consolidation. The title to real estate, either by deed or otherwise,under the laws of this Commonwealth vested in any of the localities shall notbe deemed to revert or be in any way impaired by reason of the consolidation.The rights of creditors and all liens upon the property of any of thelocalities shall be preserved unimpaired; the respective localities shall bedeemed to continue in existence to preserve such rights and liens, and alldebts, liabilities and duties of any of the localities shall thenceforthattach to the consolidated locality and be enforced against it to the sameextent as if such debts, liabilities and duties had been incurred orcontracted by it.
Such consolidated locality shall in all respects, except as otherwiseprovided herein, be subject to all the obligations and liabilities imposedand shall possess all the rights, powers, and privileges vested by law inother localities.
(Code 1950, § 15-170; 1962, c. 623, § 15.1-1079; 1997, c. 587.)
Upon the first day of office following the first election of county, city ortown officers for the consolidated localities, the several localities shallbe thereafter for all purposes treated and considered as one county, city ortown, as the case may be, under the name and upon the terms and conditionsset forth in the consolidation agreement and in accordance with theprovisions of this article. All the rights, privileges and franchises of eachof the several localities and all property, real and personal, and all debtsdue on whatever account, as well as other things in action, belonging to eachof such localities shall be deemed as transferred to and vested in theconsolidated locality without further act or deed. All property, allrights-of-way and all other interests shall be as effectually the property ofthe consolidated locality as they were of the several localities prior totheir consolidation. The title to real estate, either by deed or otherwise,under the laws of this Commonwealth vested in any of the localities shall notbe deemed to revert or be in any way impaired by reason of the consolidation.The rights of creditors and all liens upon the property of any of thelocalities shall be preserved unimpaired; the respective localities shall bedeemed to continue in existence to preserve such rights and liens, and alldebts, liabilities and duties of any of the localities shall thenceforthattach to the consolidated locality and be enforced against it to the sameextent as if such debts, liabilities and duties had been incurred orcontracted by it.
Such consolidated locality shall in all respects, except as otherwiseprovided herein, be subject to all the obligations and liabilities imposedand shall possess all the rights, powers, and privileges vested by law inother localities.
(Code 1950, § 15-170; 1962, c. 623, § 15.1-1079; 1997, c. 587.)
Upon the first day of office following the first election of county, city ortown officers for the consolidated localities, the several localities shallbe thereafter for all purposes treated and considered as one county, city ortown, as the case may be, under the name and upon the terms and conditionsset forth in the consolidation agreement and in accordance with theprovisions of this article. All the rights, privileges and franchises of eachof the several localities and all property, real and personal, and all debtsdue on whatever account, as well as other things in action, belonging to eachof such localities shall be deemed as transferred to and vested in theconsolidated locality without further act or deed. All property, allrights-of-way and all other interests shall be as effectually the property ofthe consolidated locality as they were of the several localities prior totheir consolidation. The title to real estate, either by deed or otherwise,under the laws of this Commonwealth vested in any of the localities shall notbe deemed to revert or be in any way impaired by reason of the consolidation.The rights of creditors and all liens upon the property of any of thelocalities shall be preserved unimpaired; the respective localities shall bedeemed to continue in existence to preserve such rights and liens, and alldebts, liabilities and duties of any of the localities shall thenceforthattach to the consolidated locality and be enforced against it to the sameextent as if such debts, liabilities and duties had been incurred orcontracted by it.
Such consolidated locality shall in all respects, except as otherwiseprovided herein, be subject to all the obligations and liabilities imposedand shall possess all the rights, powers, and privileges vested by law inother localities.
(Code 1950, § 15-170; 1962, c. 623, § 15.1-1079; 1997, c. 587.)
