Railways Of The State - It Authorizes The Executive Branch To Negotiate Two Loans Earmarked For The Care Of Those.

Original Language Title: FERROCARRILES DEL ESTADO.— SE AUTORIZA AL PODER EJECUTIVO A NEGOCIAR DOS EMPRÉSTITOS DESTINADOS A LA ATENCIÓN DE AQUELLOS.

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law of December 17, 1942

RAILWAYS of ESTADO.†" The Executive Branch is authorized to negotiate two stitos intended for the attention of those.

MINISTRY OF FINANCE

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 ° †" authorizes the Executive Branch to negotiate in the Central Bank of Bolivia. The following are intended for the best attention of the State Railways.

For $US. 168.519.†" for the acquisition of coal.

For £ 3.000.†". â€" for purchase of two locomotives.

ArtA-ass 2A ° †" Both obligations will accrue to the interest of 4% per year.

ArtA-ass 3A ° â€" The resources budgeted by the State Railways and Ordinarily arranged in the purchase of fuel, they are destined to the cancellation of the capital and interests of the loan of $US. 168.519.†" to be carried out in the course of the next year. In the Financial Act of 1943, the item necessary to serve the payment of the second obligation shall be entered.

Communicate to the Executive Branch, for constitutional purposes.

Session Room of the H. National Congress.

La Paz, November 28, 1942.

Waldo Belmonte Pool.†"Roberto Jordà ¡ n Cuentllar.â€" J. Quintanilla, Senator Secretario.†"F. Capriles, Senator Secretario.â€" E. Monasterio, Deputy Secretary. â € " Walker Humerez, Deputy Secretary.

The Government Palace, in the city of La Paz, at ten and seven days of the month of December of a thousand nine hundred and forty-two years.

GRAL. PEA ' ARANDA.†" Joaqua-n Sword.