Section 302. Division fence on change of title

Whenever a subdivision or
  new apportionment of any division fence shall become necessary by reason
  of transfer of the title of either of the adjoining owners, to the whole
  or any portion of the adjoining lands, by conveyance, devise or descent,
  such subdivision or new apportionment shall thereupon  be  made  by  the
  adjoining  owners  affected  thereby;  and  either adjoining owner shall
  refund to the other a just proportion of the value at the time  of  such
  transfer of title of any division fence that shall theretofore have been
  made  and  maintained  by such other adjoining owner, or the person from
  whom he derived his title, or he shall  build  his  proportion  of  such
  division fence. The value of any fence, and the proportion thereof to be
  paid  by  any  person,  and  the proportion to be built by him, shall be
  determined by any two of the fence viewers  of  the  town,  in  case  of
  disagreement.