Chap. 0242 An Act to provide for the improvement of a highway in the towns of mashpee and barnstable.

Be it enacted, etc., as follows:

Section 1. The Massachusetts highway commission is hereby authorized to expend the sum of fourteen thousand dollars during the present year in the construction and improvement of a highway in the towns of Mashpee and Barnstable extending from a point about one quarter of a mile east of the Santuit river, at the corner of Grove street and School street, to the junction with the Mashpee state highway, known as the Old Falmouth road, a distance of about two miles, including the reconstruction of the bridge over the Santuit river and the rebuilding or construction of any other bridges which may be needful in the construction of said way. Neither said way nor any part thereof shall thereby become a state highway, but the way shall be maintained and kept in good repair by the town or towns in which it is situated, until such time as it shall become a state highway. This act shall not be construed as prohibiting the laying out and construction of said way or any part
thereof as a state highway under the laws applicable thereto whenever said commission shall deem it expedient so to do. Any unexpended balance of the sum hereby authorized to be expended may be used in the succeeding year for the same purpose.
Section 2. For the purpose of meeting the expenditures hereby authorized, the treasurer and receiver general is hereby empowered, with the approval of the governor and eouneil, to issue bonds or certificates of indebtedness to an amount not exceeding fourteen thousand dollars for a term not exceeding fifteen years. Such bonds or certificates of indebtedness shall be issued as registered bonds or with interest eoupons attached, and shall bear interest at a rate not exceeding four per eent per annum, payable semiannually. They shall be designated on their face, State Highway Loan, shall be countersigned by the governor, and shall be deemed a pledge of the faith and credit of the commonwealth; and the principal and interest thereof shall be paid at the time specified therein, in gold coin of the United States or its equivalent. They shall be sold at public auction, or disposed of in sueh other manner, at such times and prices, in such amounts and at such rates of interest, not exceeding the rate above specified, as shall be deemed best.
Section 3.   This act shall take e{feet upon its passage.
Approved May 10, 1915.