Upon receipt by the said board of any report of the aforesaid officers, or any of them, indicating that any building within said town of Middletown for any cause constitutes an especial fire hazard, or a menace to the health of any person, or endangers other property, or the occupants thereof or any other person, the board shall fix a time and place for hearing thereon, provided said board shall give the owner of said building at least five days' notice before said hearing shall be held. (P.L. 1959, ch. 72, § 2.)