(1) That portion of highway added to the state highway system in Chapter 298, General Laws of 1954, more particularly described as beginning on U.S. 78 at or near Red Banks, thence through the business district of Red Banks, and ending on U.S. 78, shall be designated and henceforth known as the George M. Yarbrough Highway.
(2) The Mississippi State Highway Department is hereby directed to erect appropriate signs along and approaching such highway.