OF 24 OCTOBER
POTOSINO BANK. â€ " Your establishment is authorized.
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA,
For the national congress has sanctioned the following lei:
THE NATIONAL CONGRESS,
Art. 1.A ° The creation of a bank of deposits, issuance and discounts, constituted by a society, with the denomination of? Banco Potosineâ€ •.
Art. 2.A ° He? Bank Potosinosâ€ • you can issue tickets in proportion of 150 per 100 on your capital paid in metal coins or gold and silver bars, which will be duly checked by the government.
The types of banknotes will be 1, 5, 10, 20 50 and 100 Bolivians.
Art. 3.A ° The capital of the bank is fixed in the sum of half a million bolivianos, on which the issue will be regulated, not being able to increase without the lejislative approval.
Art. 4.A ° The executive will exercise, through a delegate, on the omission of banknotes and the economic movement of the offices of the " Banco Potosineâ€ •.
Art. 5.A ° The bank authorized by this lei will have its registered office in the city of PotosA-, with the power to establish branches in the other capitals of the department.
Art. 6A ° He? Bank Potosineâ€ • is subject to the tax and the laws that govern the? National bank of Boliviaâ€ • in what you have of external in your organization and do not mean to you, as long as the reading is dictated only by banks.
Communicate to the executive branch for its fulfillment.
Session of the national congress. â€" Sucre, October 17, 1884.
Juan Francisco Velarde S. secretary.
DA maso SAñónchez, Deputy Secretary.
Domingo Paz Deputy Secretary.
Therefore, I will enact it so that it will be law of the republic.
Government House in the capital Sucre, October 24, 1884.
GREGORIO PACHECO, H. Gutierrez.