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1. The five commissioners under the previous charter shall continue in office under this charter until the expiration of the terms for which they were elected, and until their respective successors have been elected and take office; but their title under this charter shall be "councilman" instead of "commissioner". They shall continue to draw compensation at the rate of $25.00 per month until the expiration of the terms which they are serving when this charter goes into effect;
2. All other officers and employees of the city under the previous charter shall continue in the offices and employments which they respectively hold, after this charter goes into effect, and until their services are terminated in accordance with the provisions of this charter; and
3. If there are six members of the library board at the time this charter goes into effect, they all shall continue as members until a vacancy occurs or until the terms of two members expire. At that time, the number of members shall be reduced to five. The city manager shall adjust the terms of the members so that the term of one shall expire at 7:30 o'clock P.M. on the first Monday in May each year.