Section 68. The present council and board of trustees of public affairs shall continue in office until the Village Commission shall have organized, at which time said council and board shall be deemed abolished, and all other persons holding office at the time this charter is adopted, shall continue in office and in the performance of their duties until provision shall have been otherwise made in accordance with this charter for the performance or discontinuance of the duties of any such office. When such provisions shall have been made the term of any such officer shall expire and the office shall be deemed abolished. The powers which are conferred and the duties which are imposed upon any officer, board or department of the village under the laws of the state, or under any village ordinance or contract in force at the time of the taking effect of this act shall if such office, board or department is abolished by this charter, be thereafter exercised and discharged by the commission, officer, board or department upon whom are imposed corresponding functions, powers and duties by this charter or by any ordinance or resolution of the village hereafter enacted.