Roads In Yungas. -Modifies The Law That Authorizes The Prefecture Of La Paz And Ownership Society Of Yungas, To Place A Loan Or Loan For $500,000. .

Original Language Title: VIALIDAD EN YUNGAS. — MODIFICA LA LEY QUE AUTORIZA A LA PREFECTURA DE LA PAZ Y SOCIEDAD DE PROPIETARIOS DE YUNGAS, PARA COLOCAR UN EMPRÉSTITO O PRÉSTAMO POR $ 500,000. .

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LAW

VIALITY IN YUNGAS. †" Modifies the law authorizing the Prefecture of La Paz and the Society of Yungas Owners to place an undertaking or loan for $500,000.

DANIEL SALAMANCA

CONSTITUTIONAL PRESIDENT OF THE REPASBLICA.

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

THE NATIONAL CONGRESS

DECCRETA:

ArtA-ass 1A ° †"The law of May 5, 1932, is amended in the following terms:

The Executive Branch will authorize the Prefecture of La Paz, and the Society of Yungas Owners, the contract of an undertaking or loan, up to the sum of five hundred thousand Bolivians (Bs. 500,000. †") , with a interest rate and amortisation that does not exceed that authorized by the law of June 6, 1931, being able to the Prefecture and the said Company to place this undertaking with any other bank institution or legal person, be it in the country or in the

The Prefecture of the Department of Peace, and the Society of the Owners of Yungas, will administer the product of this undertaking and will execute the works contemplated in this law, in agreement with the trustee.

This will be distributed as follows:

For the path of the path Chuspipata a Sacramento, al width de 4 metres 50 c? ??????????????????????????

Bs. 100 ,000.†"

For the end of the road from Sacramento to Coroico? ??????." 175 ,000.†"

For the construction of the road from the Bridge of the Villa to Coripata? ???." 100 ,000.†"

For the conclusion of the road to Irupana? ?????????????" 50 ,000.†"

For studies and to widen the path of Yolosa to Huachi by Caranavi ........" 48 ,000.†"

For adaptation studies to the path of Yolosa to Suapi???" 2 ,000.†"

For connections to other paths? ???????????????" 75 ,000.†" Total? ???????????????? ... Bs. 550.000 ,†"

ArtA-Aculo 2A ° â€"To serve the interests and amortisation of this undertaking, the following additional resources will be created:

a) †" A Bolivian on 46 kilos of café, incense, and quina or cascarilla, which it is extracted from the provinces of Nor and Sud Yungas, from the department of La Paz;

b) †" Twenty-five cents on 46 kilos of fruits, which will be extracted from the same provinces.

The taxes created in this article will start to be collected Since the time of the law is agreed to be agreed upon by this law.

3A ° †"The Prefecture of La Paz, will immediately build the road of horseshoe between Anasani and A'equehauira. It will be used in this construction up to the sum of twenty-five thousand Bolivians, taking it from Item 203 (a) of the current Departmental Budget, and must be reimbursed with the funds created by this law for building roads.

Communicate to the Executive Branch, for constitutional purposes.

Session of the H. National Congress.

La Paz, November 21, 1932.

José Salinas. †" E. Gonzà ¡ lez Duarte. R. Justiniano, S. S. †" M. PeA ± aranda Cuenca, D. S. P. Saucedo Barbery, D. S. ad-hoc.

BY TANTO: I have signed it so that it has and will comply as law of the Republic.

Palace of Government, in the city of La Paz, at the twenty-three days of November of a thousand nine hundred and thirty-two years.

D. SALAMANCA. †"D. Canelas.

IS COMPLIANT:

Major Finance Officer.