Borrowing.-Authorize Contract For The Sum Of A Million Bolivians, For The Reconstruction Of The Pier Of Puerto Perez.

Original Language Title: EMPRESTITO.- AUTORIZASE CONTRAER POR LA SUMA DE UN MILLON DE BOLIVIANOS, PARA LA RECONSTRUCCION DEL MUELLE DE PUERTO PEREZ.

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LEYES

ENTERPRISE. †" AutorA-zase to contract for the sum of a million Bolivians, for the reconstruction of the dock of Puerto PA©rez

ENRIQUE PEA ' ARANDA C. CONSTITUTIONAL PRESIDENT OF THE REPASBLICA.

FOR HOW much, the H. National Congress, has sanctioned the following law:

THE NATIONAL CONGRESS,

DECRETA:

ArtA-ass 1A °. a€ " The Executive Branch is authorized to immediately, through the Prefecture of the Department of La Paz, contract an undertaking, up to the sum of One Million Bolivians, in any of the banking or private institutions of the paA-s, with an average of six percent annual and cumulative amortisation of the four percent, with exclusive destination to the reconstruction of the dock and the restoration of the capitanÂ-to of Puerto PA©rez, on the Lake Titicaca.

ArtA-ass 2A ° .†" For service of interest and amortisation of the The following resources are created, which will be collected by the Departmental Treasury:

a) Twenty cents for each bottle of beer that is sold in the province of Los Andes.

b) One Bolivian, for every 46 kilograms of Agricultural products-queues in general from the farms of the Province of the Andes; and

c) Three Bolivians, per head of cattle, and one Bolivian for each head of cattle or pigs to be extracted from the same Province.

ArtA-culo 3A ° .†" The funds raised and the proceeds from the undertaking and the execution of the works, administered by a Board, chaired by the Prefect of the Department of Peace and composed of the Mayor and by two notable neighbors of Pucarani and the Departmental Director of Public Works.

ArtA-ass 4A °. †" The special powers of the Board will be regulated by the Ministry of Public Works.

ArtA-ass 5A ° .â€" These taxes, will be without effect and will cease to be collected as soon as the work has been completed and paid the undertaking, after documented account to be held by the Prefect of the Department of Peace, before the Comptroller-General.

Communal-to the Executive Branch, for the constitutional purposes.

Session of the H. Congress National.

La Paz, January 6, 1941.

A. Galindo. †" Rafael de Ugarte. " Prof. C. Beltra n Morales, Senator Secretary. †" A. Saavedra Nogales, Senator Secretary. †" F. Flores J., Deputy Secretary. †" F. Iturralde Ch., Deputy Secretary.

BY TANTO, he promulgated it so that it has and will comply as Law of the Republic ..

Palace of Government, of the city of La Paz, to the ten days of the month of January of a thousand nine hundred (s).

GRAL. PEA ' ARANDA. †" Oscar Mariaca Pando.