Section 315-A. Improvement corporations; right of acquisition  


Latest version.
  • Any
      corporation formed for the  purpose  of  developing  or  improving  real
      property,  which  lays  out  for  public  use roads, streets, avenues or
      highways, upon or through its lands, if unable to agree with the  owners
      of  any  real property required for the purpose of extending, continuing
      or connecting such roads, streets, avenues or highways, for the purchase
      thereof,  may  acquire  title  thereto  by  acquisition  in  the  manner
      prescribed   by   the   eminent  domain  procedure  law;  provided  such
      corporation has the consents of the owners of not less than one-half  of
      all  of  the  land  which adjoins or abuts upon, or which will adjoin or
      abut  upon,  such  roads,  streets,  avenues  or  highways,   or   their
      extensions,  continuations  or  connections,  when  completed;  and such
      corporation may lay out and establish such roads,  streets,  avenues  or
      highways,  and the extensions, continuations or connections thereof, and
      may construct drains or sewers, and such bridges or culverts as  may  be
      necessary  to maintain the grades of, or for the extension, continuation
      or connection of, the roads, streets, avenues or highways, so laid  out;
      and may connect such roads, streets, avenues or highways, with or across
      roads,  streets, avenues or highways, belonging to any other corporation
      or person, but may not disturb the established grades thereof. All lands
      so taken by acquisition shall be deemed to be acquired for a public use.