Act 31-10-1889

Original Language Title: Ley 31-10-1889

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READ OF 31 OCTOBER

FERROCARRILEN.†"GarantA-which is granted for the construction of the railways of Uyuni to Oruro, La Paz to the border of the PerAº in the department of Puno and the mA rjenes of Paraguay and the arjentine border to Santa-Cruz, the Beni, Tarija and Sucre.

ANICETO ARCE

CONSTITUTIONAL PRESIDENT OF THE REPUBLIC

FOR HOW much, the national congress has sanctioned the following lei:

CONGRESS NATIONAL,

DECCRETA:

ArtA-ass 1.A ° †"It is granted to the company-a Huanchaca of Bolivia a garantA-a of six percent year-on-year, for the term of twenty years, on the capital that is invested in the construction of the railway of Uyuni to Oruro.

This guarantee-to be obligatory since deliver the railway in Oruro.

Art. 2.A ° †"The budget and cost of the line will be checked by the national body of injenieros.

Art. 3.A ° †"The company will deliver the railway to the public service in Oruro, in the term of two years, counted from the January 1890, and must pay, in case of non-compliance, the fine of four hundred thousand

Art. 4.A ° to € "The same guarantee is granted-at six percent a year, for twenty years, on the capital used in the construction of a railway from the city of La Paz to the border of the PerAº, in the department of Puno.

Art. 5.A ° †"The same garantA-to for twenty years, it is awarded on the capitals that are invested in the construction of the railways of the más of the river Paraguay and of the border Arjentina to Santa Cruz, the Beni, Tarija and Sucre.

Art. 6.A ° †"Is awarded to railway construction companies, a square lega of land, for each legua of built-rrea, in alternate lots with land of tax property.

Art. 7.A to € "In case companies opt for land allocation, they will not be entitled to guarantee-to cash.

Art. 8.A to € "The claims of responsibility for the payment of the guarantee-to granted, will not in any case affect the current national income.

Art. 9.A ° †"They are left to the executive branch, the other stipulations of the present I read.

Communal-to the executive branch.

Session of the National Congress. â€" La Paz to October 30 gives 1889.

J. M. del Carpio.†"Jenaro Sanjináls.â€" Emeterio Cano†"S. Secretario.â€" Casto Romà ¡ nâ€" D. Secretario.†"Marco D. Parédesâ€" D. Secretary.

BY TANTO: I enact it so that it is to be held and fulfilled as I read from the public.

Palace of government in La Paz, at 31 October 1889 years.

MAPLE ANICETO.

The minister of finance and industry. Isaac Tamayo.