A rolling meadow that has been used for sheep grazing off State Road in Tisbury will be protected thanks to the purchase of a conservation restriction by the Martha’s Vineyard Land Bank.

The land bank commission announced on Tuesday that it has signed a contract to buy a restriction on seven acres owned by Kristen Kingsbury Henshaw. The purchase price is $301,000. The field is located about .2 miles from the land bank’s Tisbury Meadow Preserve.

“State Road fields are a longstanding priority for the land bank,” the commission said in a press release. Last June the land bank bought a roadside field in West Tisbury owned by Ann Nelson. The Nelson, Henshaw and Tisbury Meadow fields are all used for agricultural purposes.