§ 207-2. Amendment and repeal
The present officers of said corporation shall hold their respective offices until the next annual meeting thereof, as provided in its bylaws. And its bylaws now in force, insofar as they do not conflict with the provisions of this charter, shall continue in force until others are adopted in their stead. And, subject to this provision, all acts and parts of acts heretofore passed relating to said corporation are hereby repealed.