It Authorizes The Municipality Of The Vies To Hire Enterprises Up To The Sum Of The Sum Of 300,000 For The Purpose Of Performing The Local Progress Works Which It Expresses For Its Service The Performance Of The Partial Rate Of The One Per Se Per Se

Original Language Title: AUTORIZA A LA MUNICIPALIDAD DE LOS VILOS PARA CONTRATAR EMPRESTITOS HASTA POR LA SUMA DE E° 300.000 CON EL OBJETO DE ATENDER LA REALIZACION DE LAS OBRAS DE ADELANTO LOCAL QUE EXPRESA PARA SU SERVICIO DESTINA EL RENDIMIENTO DE LA TASA PARCIAL DEL UNO POR

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" Article 1. Authorize the Municipality of Los Vilos to contract with the Bank of the State of Chile or other credit or banking institutions, one or more borrowings that produce up to the sum of three hundred thousand escudos, at an interest not greater than that of the bank and with a depreciation that extinguishes the currency within a maximum of 10 years.