Loan-To Authorize To The Prefecture Of Cochabamba Amounting To 500.000.-

Original Language Title: EMPRESTITO.- AUTORIZASE A LA PREFECTURA DE COCHABAMBA POR EL VALOR DE 500.000.-

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LEYES

ENTERPRISE. †" AutorA-zase to the Prefecture of Cochabamba for the value of 500,000. †"

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

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

THE NATIONAL CONGRESS,

DECCRETA:

ArtA-arse 1A ° .†" AutorA-zase to the Prefecture of the Department of Cochabamba, so that It will contract a five hundred thousand bolibanos, in the Central Bank of Bolivia or another institution of credit, to the establishment of a power plant to provide light and services derived to the city of Tarata.

ArtA-ass 2A ° .†" The consequent demarches and administration of the funds, will be carried out by a special Comitâ© composed of the Subprefect, Municipal Mayor, Rroco of Tarata and two notable neighbors of the locality, designated by the Prefect of the Department.

ArtA-arse 3A °. †" The service of interest and amortisation of this loan, served by the percentage of the muko tax, corresponding to the province of Tarata, recognized by Law of 12 September 1938 and Decree-Law of 15 November 1939.

ArtA-ass 4A °. †" Any embezzlement of the funds or their application on objects other than the establishment of light and energy-to power, will be of the joint responsibility of the members of the Comité.

Executive, for constitutional purposes.

Session of the H. National Congress.

La Paz, December 30, 1940.

A. Galindo. †" Rafael de Ugarte. †" A. Saavedra Nogales, Senator Secretary. †" F. Capriles, Senator Secretary ad hoc. †" F. Flores J., Deputy Secretary. †" F. Iturralde Ch., Deputy Secretary.

Therefore, I enact 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 years old.

GRAL. PEA ' ARANDA. †" Joaqua-n Sword.