§ 173-e. The acceptance of a terminable permit, or the acceptance of
an amendment to any existing license, grant, franchise, permit or
consent incorporating therein the terms of a terminable permit, shall
constitute a consent by the street surface railroad corporation or
corporations, or other person, firm or corporation so accepting the same
to the purchase by the city, town or village of all or any part of the
street surface railroad property, plant and equipment actually used and
useful for the public and situated within the corporate limits of the
city, town or village, as provided for in this article.