The Village of Lyndonville through its trustees is hereby empowered to take the water of any fountain, spring, pond, lake, or stream for the purpose of supplying the inhabitants of said Village, the Village of Lyndon Center, and the Village of Lyndon with water for domestic and other purposes, provided persons having any interest in such waters are not deprived of such part thereof as may be necessary for domestic and agricultural purposes upon the premises owned by them.