§ 251-1001. Compensation for taking

Whenever, to exercise or carry into effect any of the powers hereinbefore vested in said Village, or the trustees thereof, the public good or the necessity of said Village shall, in the judgment of the trustees, require the entering upon or the taking by the Village, or by the trustees in its behalf, of water, land, or real estate, or any interest therein of any person or corporation, and such person or corporation disputes the necessity of such taking, or if the damages therefor cannot be adjusted by agreement, the matter shall be determined by the trustees of said Village, after hearing all parties interested. Such hearing shall be had upon written notice of the time and place thereof, given at least 10 days before the hearing, which notice shall substantially describe the waters, lands, or privileges desired; and said trustees shall within 10 days after such hearing file their decision and award in the Town Clerk's office of the town where the property is situated, and cause the same there to be recorded and shall at the same time file in such office a description of the waters, lands, or privileges so taken, sufficiently accurate for the identification; and if no appeal is taken from the decision and award of said trustees, as hereinafter provided, they shall, upon payment or tender of the amount awarded by them to the persons entitled thereto, be authorized to proceed under the provisions of this act, without further hindrance or liability for damages.