Massachusetts Statutes

§ 57 — Taxation; interest on debts incurred in aid of a railroad

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title VII CITIES, TOWNS AND DISTRICTS·Ch. 44 MUNICIPAL FINANCE
Section 57. A city or town owing debts incurred in aid of a railroad corporation shall annually raise by taxation an amount sufficient, with the income, if any, derived from its stock or securities, to pay the interest on such debts.

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