An Act Appropriating Thirty Thousand Dollars, Money of the United States, Out of the Gold-Standard Fund, for the Payment of Interest on Certificates of Indebtedness Issued by the Government of the Philippine Islands, under Act of Congress Approved March Second, Nineteen Hundred and Three
Act No. 1261, enacted on November 14, 1904, appropriates $30,000 from the gold-standard fund of the United States for the payment of quarterly interest on $3 million in certificates of indebtedness issued by the Philippine government. This funding is necessary for the interest due on December 1, 1904, as authorized by a prior Act of Congress from 1903. The Act emphasizes the urgency of its passage for the public good and mandates immediate effect upon enactment.
Law Information
- Reference Number
- Act No. 1261
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
November 14, 1904
ACT NO. 1261
AN ACT APPROPRIATING THIRTY THOUSAND DOLLARS, MONEY OF THE UNITED STATES, OUT OF THE GOLD-STANDARD FUND, FOR THE PAYMENT OF INTEREST ON CERTIFICATES OF INDEBTEDNESS ISSUED BY THE GOVERNMENT OF THE PHILIPPINE ISLANDS, UNDER ACT OF CONGRESS APPROVED MARCH SECOND, NINETEEN HUNDRED AND THREE
SECTION 1. There is hereby appropriated, out of the gold-standard fund, the sum of thirty thousand dollars, money of the United States, for the payment of quarterly interest due December first, nineteen hundred and four, on the certificates of indebtedness amounting to three million dollars, issued and sold on behalf of the Insular Government by the Secretary of War under authority of the Act of Congress approved March second, nineteen hundred and three, and Act Numbered Eleven hundred and ninety-five of the Philippine Commission.
SECTION 2. The public good requiring the speedy enactment of this bill, the passage of the same is hereby expedited in accordance with section two of "An Act prescribing the order of procedure by the Commission in the enactment of laws," passed September twenty-sixth, nineteen hundred.
SECTION 3. This Act shall take effect on its passage.
ENACTED, November 14, 1904.
Cite This Law
An Act Appropriating Thirty Thousand Dollars, Money of the United States, Out of the Gold-Standard Fund, for the Payment of Interest on Certificates of Indebtedness Issued by the Government of the Philippine Islands, under Act of Congress Approved March Second, Nineteen Hundred and Three, Act No. 1261, Nov 14, 1904 (Philippines)
An Act Appropriating Thirty Thousand Dollars, Money of the United States, Out of the Gold-Standard Fund, for the Payment of Interest on Certificates of Indebtedness Issued by the Government of the Philippine Islands, under Act of Congress Approved March Second, Nineteen Hundred and Three, Act No. 1261 (Phil. 1904)
Related Laws
- An Act Appropriating Thirty Thousand Dollars, in Money of the United States, Out of the Gold-Standard Fund, for the Payment of Interest on Certificates of Indebtedness Issued by the Government of the Philippine Islands Under Act of Congress Approved March Second, Nineteen Hundred and ThreeAct No. 1250 • Oct 20, 1904 • Statutes
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