Said corporation is empowered to construct a system of sewers and repair the same, and for that purpose may take such lands as are necessary, and in taking lands for such purposes said corporation and its Board of Trustees shall proceed in the manner prescribed for towns and selectmen in taking lands for highway purposes, and said corporation may borrow such sums of money to defray the expenses of such sewers as it may by vote determine, and for that purpose may issue bonds with coupons attached on such terms and in such manner as said corporation may prescribe. If said Village votes to construct a sewer, it may make and establish bylaws regulating the manner of construction, the raising of the money therefor, and all other matters of detail relating thereto.