The Town School District is hereby authorized and empowered when the merger occurs to transfer and assign to School District No. 4 in Middlebury all right title and interest or use in any estate, real or personal, wherever situate, and from whatever source derived appertaining or belonging to the Town School District of Middlebury, provided said present School District of Middlebury so votes by a majority of its legal voters present and voting at a meeting thereof legally warned.