All officers of any city of the second class or village consolidated with or annexed by a city of the primary class as provided in sections 15-111 to 15-118 having books, papers, records, bonds, funds, effects, or property of any kind in their hands or under their control belonging to such city of the second class or village, shall upon taking effect of such consolidation or annexation deliver the same to the respective officers of such city of the primary class as may be by law or ordinance or limitation of such city entitled or authorized to receive the same. Upon such consolidation or annexation taking effect, the terms and tenure of all offices and officers of any such city of the second class or village so consolidated with or annexed by such city of the primary class shall terminate.