Mass. Gen. Laws ch. 253, § 12: Gross amount; time for payment

Section 12. The owner or occupant of the mill or dam shall, within three months after such election, pay to the plaintiff or secure to his satisfaction said amount with interest from the date of the verdict. After the expiration of said three months, and until payment of said damages and interest, such owner or occupant shall lose all benefit of the provisions of this chapter.