Loan-Authorized The Mayor Of Viacha To Place In Any Of The Banks To The Extent Of Bs. Two Million.

Original Language Title: EMPRESTITO.- AUTORÍZASE A LA ALCALDIA DE VIACHA PARA COLOCAR EN CUALESQUIERA DE LOS BANCOS HASTA LA SUMA DE BS. DOS MILLONES.

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

LAW

COMPANY€ " AutorA-zase to the Mayor-a de Viacha to place in any of the Banks up to the sum of Bs. two million.

ENRIQUE PEA ' ARANDA C.

CONSTITUTIONAL PRESIDENT REPAsBLICA.

As soon as the H. National Congress has sanctioned the following law:

THE NATIONAL CONGRESS

DECCRETA:

ArtA-arse 1A ° .†" The Mayor's Office is authorized to Municipal de Viacha, capital of the province Ingavi, to contract, in any of the banking institutions of the country, an undertaking up to the total sum of two million Bolivians, with a maximum interest of 5 percent and cumulative amortisation of 4 percent a year, destined to the construction of the following public works;

1A ° .†" Palace Community of the province Ingavi, in the capital Viacha.

2A ° .†"Pavement and sewerage service.

3A ° .â€" Conclusion of the slaughterhouse and municipal market.

Article 2A °.â€" For the service of amortisation and The following resources are allocated:

The municipal taxes in force and which could be created according to the municipal ordinances on the National Cemento, FA, and Beer and Beer on other factories or establishments to be implemented in the future in the Ingavi province.

The Customs rights of that Mayors-a.

The subvencionation of a hundred thousand Bolivians that will be recorded in the National Budget, from the present management of 1941, until the total payment of this undertaking.

ArtA-arse 3A °.†" The creditor banking institution and the representative of the Comptroller-A will ensure the correct collection of resources by the art. 2A °, being able to take charge of the direct collection of such resources, when they are not deposited in the special account.

ArtA-ass 4A °.†" The administration of the undertaking will be in charge of a ComitA© composed by the following persons: Mayor Municipal, President of the Council Deliberating, Subprefect of the Province, Notary of the Population, a representative of the Comptroller-a and two notable neighbors appointed by the Executive Branch.

Executive branch, for constitutional purposes.

Room of The sessions of the National Congress.

La Paz, April 4, 1941.

A. Galindo.†"Rafael de Ugarte.â €" Prof. C. Beltrà ¡ n Morales, Senator Secretario.†"A. Saavedra Nogales, Senator Secretario.â€" F. Flores J., Deputy Secretary. †" E. del Portillo, Deputy Secretary.

Therefore, I enact it so that it is The law of the Republic.

Palace of Government of the city of La Paz, to the eighteen days of the month of April of a thousand nine hundred years old.

GRAL. PEA ' ARANDA.†" Gral. Ramos⠀ " Joaqua-n Sword.