Imposed Property Taxes Directly. - Is Appropriate In Cochabamba And Tarija To The Execution Of The Law Of November 6, 1874.

Original Language Title: IMPUESTO PREDIAL DIRECTO.— SE PROCEDA EN COCHABAMBA Y TARIJA A LA EJECUCION DE LA LEI DE 6 DE NOVIEMBRE DE 1874.

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LEI OF 7 FEBRUARY

DIRECT DIRECT TAX.†" Be applicable in Cochabamba and Tarija to the execution of the Lei of 6 November 1874.

THE NATIONAL CONSTITUENT ASSEMBLY

DECCRETA:

ArtA-article 1.A ° The Executive Branch shall proceed to the execution of the lei of 6 November 1874, with the following modifications:

Art. 2. ° The sum of 180,000 Bs. fixed in the article 3.A of that lei, shall be distributed proportionally to the venal value of each of the properties included in the department of Cochabamba.

Art. 3. ° It is fixed based on the new tax in the department of Tarija the amount of 30,000 Bs.

Art. 4. ° The Executive Branch is authorized to contract with the National Bank an undertaking of 5,000 Bs. for Cochabamba, and 2,000 for Tarija, in order to come up in the first expenses of the cadastre, guaranteeing with the income of the tax.

Communicate to the Executive Branch for execution and fulfill. †"

Session room in La Paz de Ayacucho, at 31 days of the month of January 1878.

J. R. Bustamante. president.†"Samuel Velasco Flor, Deputy Secretary-General" Abdon S. Ondarza, Deputy Secretary.

H. DAZA.

The Minister of Finance and Industry, Manuel I. Salvatierra.