Bank Of Oruro. - Authorized Its Establishment.

Original Language Title: BANCO DE ORURO.— SE AUTORIZA SU ESTABLECIMIENTO.

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October 26 LAW

Bank of Oruro.†" Your establishment is authorized.

ANICETO ARCE,

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

As soon as the national congress has The following law:

THE NATIONAL CONGRESS,

DECCRETA:

ArtA-ass 1.A ° †"The creation of an emissions bank, deposits and discounts, constituted by an annual company, with the Oruro Bank name.

Art. 2.A ° †"The Bank of Oruro will set up its home in the city of Oruro; it can establish an A³ branch at the point of Uyuni A³ in the mineral of Huanchaca.

Art. 3.A to € "The bank's effective capital will be 500,000 Bs.

Art. 4.A ° †"PodrA to issue tickets in the proportion of 150% of its effective capital; without this issue taking place on the reserve fund.

Art. 5.A ° †"The Bank of Oruro will be ssumed up in the same way as the precepts recorded by the remoteness of the present year in the law voted for the banks of issuance.

Pass to the executive branch for constitutional purposes.

Session of the national congress, in La Paz, on the twenty-four days of the month of October of the year of a thousand eight hundred and ninety.

SERAPIO RA%YES ORTIZ.†" MELQUIADES LOAIZA.†"Roberto TA©llez â€" S. Secretario.†"Român Pazâ€" D. Secretario.†"José Mará-a Linà ¡ â€" D. Secretary.

Therefore: I enact it so that it has and will comply with the law of the republic.

Palace of the supreme government in La Paz, the twenty-six days of the month of October of a thousand eight hundred and ninety years.

MAPLE ANICETO.

Emeterio Cano.

Finance Minister A© industry.