Section 122. Powers

Every sewage-works corporation shall have the power:
    1. To lay, maintain, repair and operate its pipes, conduits and sewers
  in  any  street,  highway  or public place of any city, town, village or
  other municipal area, in which it has obtained the consent  required  by
  section  one  hundred sixteen for the disposal, treatment and removal of
  sewage, and to operate and  maintain  and  keep  in  repair  its  sewage
  disposal  plants,  and  prescribe  the manner in which sewer connections
  shall be made. No pipes, sewers or conduits shall be  laid  or  repaired
  under  any  highway, road, street or avenue by such corporation, without
  the consent of the local governing body or its  official  in  charge  of
  highways  or streets or if such highway be a state highway, or a highway
  constructed pursuant to section one hundred ninety-four or  one  hundred
  ninety-five  or article six of the highway law, the consent of the state
  commissioner of transportation nor in any street, highway, road,  avenue
  or  public  place in Suffolk county without the prior written consent of
  the county sewer  agency  or  the  county  department  of  environmental
  control.
    2.  To  cause  examinations  and surveys to be made for the purpose of
  determining the proper location of its disposal system,  and,  for  such
  purpose  by its officers, agents or servants, to enter upon any lands or
  waters, subject to liability for all damages done.
    3.  To  enter  into  appropriate  agreements  with  the  secretary  of
  agriculture  of  the  United States department of agriculture to operate
  without profit for  the  term  specified  therein  for  the  purpose  of
  qualifying  to  receive  federal assistance pursuant to the consolidated
  farmers home administration act of nineteen hundred  sixty-one  and  any
  federal laws amendatory and supplementary thereto. Any such agreement to
  operate without profit shall be subject to the approval of a majority of
  the  stockholders  entitled  to  vote  thereat at any regular or special
  stockholders' meeting. Any stockholder so entitled to vote who does  not
  vote  for  or  consent  in  writing to the taking of this action, shall,
  subject to and by complying with the provisions of section  six  hundred
  twenty-three  of the business corporation law, have the right to receive
  payment of the fair value of his stock and the other rights and benefits
  provided by such section.