Loan-Be Hired Until The Sum Of Two Millions Of Bolivians, For Works In The Province Cornelius Sabedra

Original Language Title: EMPRESTITO.- SE CONTRATARA HASTA LA SUMA DE DOS MILLONES DE BOLIVIANOS, DESTINADOS A OBRAS EN LA PROVINCIA CORNELIO SABEDRA

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LAW

ENTERPRISE.†" To be hired up to the sum of two million Bolivians, destined for works in the Province Cornelio Saavedra.

ENRIQUE PEA ' ARANDA C.

CONSTITUTIONAL PRESIDENT REPAsBLICA

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

THE NATIONAL CONGRESS,

DECCRETA:

ArtA-culo 1A °.â€" AutorA-zase to the Executive Branch the contract of a The internal period up to the amount of TWO MILLION BOLIVIANS (Bs). 2,000,000,†") destined exclusively for the following works:

a) Captation of drinking water and installation of light and power in the city of Betanzos;

b) Captation of drinking water and electrical light in Chaqua-, Tacobamba and Millares.

ArtA-arse 2A °.†" For the redemption and service of interest of this undertaking, the following taxes and obligations are created:

a) Thirty cents per litre of spirit to be produced in the same province Cornelio Saavedra;

b) Twenty cents per annum per square metre not built on radios Greater than the Villas of Betanzos, Chaqua-and Tacobamba;

c) The total product of the sale in public auction of the land of fiscal property, in the province cited; and

d) The subvenciation of HUNDRED THOUSAND BOLIVIANS (Bs. € 100,000,€ ") to be entered in the National Budget, annually, during the negotiations from 1942 to 1946 inclusive.

ArtA-culo 3A °.†"A" Comité de Vialidad y Obras PAºblas " is constituted in Betanzos, which will be composed of the Subprefect, Municipal Mayor of the First Secciation and three notable neighbors who will be appointed by the Supreme Court. Government. This Comitâ© will be charged with the execution of the works mentioned in the article 1A ° and the management of the funds allocated by this law, under its absolute responsibility and with its semi-annual accounts to the Comptroller-to-Departmental.

ArtA-culo 4A °.†" The Executive Branch will regulate this law.

Communicate to the Executive Branch, for constitutional purposes.

Session of the H. National Congress.

La Paz, November 27 1941.

A. Galindo.†"Jorge Araoz C. â€" Gaston Muja-a, Senator Secretario.†"Julio CA©spedes AA ± ez, Senator Secretario.â€" Carlos WA ¡ lter Urquidi, Diputado Secretario.†" F. OrtÃ-z P., Deputy Secretary, ad hoc.

BY TANTO, promulgated it so that

Government Palace in the city of La Paz, at the nine days of December of a thousand nine hundred and twenty-hundred years old. "

GRAL. PEA ' ARANDA.â€" Joaqua-n Sword.