All real estate owned or held by lease, sufferance, easement, or otherwise, all public buildings, market houses, fire stations, schools, parks, streets, alleys, and all property of whatever kind, character, and description, which has been granted, donated, purchased, or otherwise acquired by the City of Alamo by any means or agency, and all cause of action, choses in action, right or privileges of every kind and character, and all property of whatever character and description which may have been held, controlled, and used by said City of Alamo for public use or in trust for the public, shall vest in and remain in and inure to the said corporation of the City of Alamo under this Charter, and all suits and pending actions to which the City of Alamo heretofore was, or now is a party, plaintiff, or defendant, shall in no wise be affected or terminated by the provisions of this act, but shall continue unabated.
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