The City of Reading hereby accepts the donation of the real estate and the buildings thereon erected, situated on the southwest corner of Fifth Street and Franklin Street, in the City of Reading, and the books, manuscripts and other personal property therein contained, tendered to the City of Reading by the Reading Library, a corporation existing under the Laws of Pennsylvania, to be conveyed and transferred to the City of Reading on the passage of this chapter. The Mayor of the City is hereby authorized to receive the same in the name of the City of Reading, and to cause the deed therefor to be duly recorded.