Key Benefits:
law of November 14, 1947
PROGRESS IN CURRENT ACCOUNT.†" The Central Bank will grant the year to the Argentine-Bolivian Mixed Railway Commission.
ENRIQUE HERTZOG G.
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
For how much, the Honorable National Congress has sanctioned the following Law:
THE H. NATIONAL CONGRESS
DECCRETA:
ArtA-culo lo.†" AutorA-zase al Banco Central de Bolivia grant the Comisión Mixta Ferroviaria Argentino-Boliviana, an advance in Account Current up to the sum of ten million Bolivians, for the term of six months renewable in form , for the attention of their needs in the construction of the Railways Yacuiba-Santa Cruz and Tarabucoa€" Boyuibe.
Article 2A °.†" The Joint Commission will use the funds withdrawn in the works it builds, for which the progress in Current Account should be established in the Agency of the Bank Bolivia's Central Yacuiba.
ArtA-culo 3o.†" The Executive Branch will guarantee this credit with the general income of the Nacio.
Communicate to the Executive Branch for constitutional purposes.
The session of the H. National Congress.
Peace 8 November 1947.
M. Urriolagoitia.†" A. LandA-var Ribera.†" E. Erio.†"Senator Secretario.â€" N. GarcA-a ChA, Senator Secretario.†" P. MontaA ± o, Diputado Secretarylo.†" E. Fernà ¡ ndez, Deputy Secretary.
BY TANTO: I enact it so that it has and will comply as Law of the Republic.
Government Palace, in the city of La Paz, at fourteen days of the month of November of a thousand nine hundred and forty-seven years.
E. HERTZOG G.†" C. Guachalla.