OCTOBER 2, 1934 LAW
ARICA-LA PAZ RAILROAD.â€ " An undertaking of Bs. 1,300,000 is authorized.
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
For how much: the National Congress has sanctioned the following law:
THE NATIONAL CONGRESS,
ArtA-culo 1A °â€ " AutorA-zase to the Executive Branch to place in one of the Banks of the country-s an internal undertaking up to the sum of one million three hundred thousand Bolivians (Bs. 1,300 ,0000.â€ ") , which will become six percent more than six percent and will have a cumulative depreciation resulting from the difference between the amount of the guarantee and the interest service.
Article 2A °â€ " Twenty percent of the gross entries of the la-nea of CharaÃ ± a al Alto de La Paz.
ArtA-culo 3A °â€ " The sum of a million Bolivians (Bs) is allocated. 1,000,000,â€ ") to reimburse to the Compañá-to Boliviana of the Railway Arica-La Paz, S. B., the quantities that advanced to the Supreme Government for the provision of the team of the Bolivian Secciona and to redeem the patriotic undertaking that for Bs. 250.000.â€ " granted the same CompaÃ ± A-a, and the balance of Bs. 300,000. â€ " is intended for the acquisition of materials for the Arica-La Paz Railway, S. B., and the Corocoro branch, as well as to cover the expenses of its exploitation.
ArtA-culo 4A °â€ " The Executive Branch will regulate this law.
Session of the H. National Congress.
Peace, at twenty-nine days of the month September of a thousand nine hundred and thirty-four years.
JosÃ© M. Cuadros.â € " F. Tamayo.
B. Navajas Wheat, Senator Secretario.â€ " R. Gönmez,
Deputy Secretary. â€ " Francisco Cors (h.), Deputy Secretary.
BY TANTO: promulgated it so that it has and will comply as law of the Republic.
Palace of Government, in the city of La Paz, to the two days of October of a thousand nine hundred thirty and four years.
D. SALAMANCA.â€ " G. C. Otero. â€" Jn. Sword.
Jorge Zarco Kramer.
Senior Finance Officer.