SOCKS AND SOCKS FACTORIES. â€ "Libase for ten years the international machinery and raw materials intervention.
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
For how much, the National Congress has sanctioned the Next law:
THE NATIONAL CONGRESS,
ArtA-ass 1A ° â€ "Libérase de dechos e Taxes de internaciÃto de carÃ ¡ cter national, departmental and municipal, except for the storage of mobilization and --------------------------------- (a) the production of the products in question, in the case of the manufacture of the products in question, in the quantities strictly essential for the manufacture of the products. socks and stockings.
ArtA-Aculo 2A ° â€ " They are released from duties and taxes the raw materials conditionally released under the Supreme Resolutions of 18 September 1930 and 9 February last, by JosÃ© Salgado de la Rubia, owner of the National Association of Middle and Socks of this city.
ArtA-arse 3A ° â€ "The State grants to the FA' s National Average and Socks of JosÃ© Salgado de la Ruba-a guarantee-at 12% a year on its paid capital duly checked, as on which it invested with prior authorization of the Executive Branch.
ArtA-ass 4A ° â€ " The release of rights and taxes of interest and the guarantee-granted by this law, shall last ten years since the promulgation of this law and the Executive Branch is empowered to suspend it when the quality and quantity of the production of the factory is very deficient.
ArtA-ass 5A ° â€ "For the bricas already installed or to be installed and for the duration of the franchises included in this law, the release of the articles and materials specified in the Article 1A, shall be made prior On the basis of its technical and the Ministry of Industry, on the production capacity of its factories, the approximate quantity of raw materials to be imported, with the exception of the Ministry of Industry, will be other subject to payment of the rights under Article 3A of the Customs Tariff Import.
ArtA-culo 6A ° â€ " The Executive Branch will regulate this law.
Communicate to the Executive Branch for constitutional purposes.
Session of the National Congress.
Peace on October 20, 1931.
J. L. Tejada S. â€ " G. RA-os Bridoux.
Gabriel Palenque, S. S. â€ " H. Duchânâ, D. S.
Fernando LAólpez, D. S.
Therefore, he promulgated it so that it is held and complied with as law of the Republic.
Palace of Government, in the city of La Paz, to the twenty-two days of the month of October of a thousand nine hundred and thirty-one years.
DANIEL SALAMANCA. â€ " D. Canelas.
Major Finance Officer.