Key Benefits:
LAW
EMPRA%STITO.†" AutorA-zase the contract of one to acquire an Editorial destined for the city of PotosA-.
TCNL. GERMAN BUSCH,
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA,
FOR HOW much the H. National Convention has sanctioned the following law:
THE H. NATIONAL CONVENTION
DECRETA:
ArtA-ass 1A ° .†" The Executive Branch is authorized, so that, through the Prefecture of PotosA-, obtain a loan or undertaking up to the sum of a million Bolivians in any of the banking or private institutions of the country, with a interest not greater than seven percent a year and a cumulative amortisation of four percent One hundred, with exclusive destination to the acquisition and installation of an Editorial in the city of PotosA-, in order to give to the publicity the works of poet writers and to edit a daily newspaper that reflects the tendencies and needs of the
ArtA-ass 2A ° .†"To pay the interest and amortisation of the aforementioned undertaking, the following resources are created, which will be collected by the Departmental Treasury of PotosA-:
20 cents for each bottle of beer to be brought to the department of PotosA-;
five Bolivians for each Foreign liquor bottle that is imported for consumption of the indicated city;
20 cents on each ticket of the public show, which is sold in the same capital, and
The half percent on salaries that are paid in foreign currency, to private employees in the same capital.
ArtA-Aculo 3A ° .†"The above resources, will be deposited in special account at the Central Bank of Bolivia, as its collection, which will start from the promulgation of this law.
ArtA-arse 4A ° .†"The Editorial" PotosA-" will be managed and managed with absolute autonomy-a by a directory composed of a representative of the University, one of the Bar Association, one of the Workers ' Federation, one of the
Miners ' Association and another from Local Commerce. This directory will draw up their respective status, for approval by the Executive.
Communal-to the Executive Branch, for constitutional purposes.
Meeting room of the H. National Convention.
La Paz, October 29, 1938.
Renato RiverA-n.a € "R. Jordà ¡ n Cuentllar, Conventional Secrétario.â€" J. Lijerón Rodra-guez, Conventional Secretary.
BY TANTO: The law has been enacted so that it has and will comply with the law of the Republic.
City of La Paz, to the twelve days of the month of November of a thousand nine hundred and thirty-eight years.
TCNL. G. BUSCH.†" Vicente Mendoza LAñönfish.
IS COMPLIANT:
H. del Villar A.
Major Finance Officer.