In the distribution of the public moneys, that portion which may be divided among the several school districts, irrespective of the number of scholars or the attendance at school, shall be so divided as to give the Barton Academy and Graded School District the share of the original district of which it is composed, and the Barton Academy and Graded School District shall have all the rights, privileges, and benefits now enjoyed by Barton Academy by School District Number One in Barton.