An Act Authorizing the Provincial Board of Ilocos Sur to Make a Loan of a Sum Not Exceeding Five Thousand Pesos from Provincial Funds to the Municipality of Candon to be Used for Municipal School Purposes and in the Alteration and Repair of the Old Casa Presidencia
Act No. 1367, enacted on July 3, 1905, authorizes the provincial board of Ilocos Sur to loan up to five thousand pesos from provincial funds to the municipality of Candon. The funds are designated for municipal school purposes and the renovation of the old Casa Presidencia, with the intention of using half of the building for municipal offices and half for school purposes until a dedicated school building is constructed. The loan is to be repaid to the provincial treasury without interest within three years or a shorter period as determined by the provincial board. The act emphasizes the urgency of its enactment for the public good and takes effect immediately upon passage.
Law Information
- Reference Number
- Act No. 1367
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
July 3, 1905
ACT NO. 1367
AN ACT AUTHORIZING THE PROVINCIAL BOARD OF ILOCOS SUR TO MAKE A LOAN OF A SUM NOT EXCEEDING FIVE THOUSAND PESOS FROM PROVINCIAL FUNDS TO THE MUNICIPALITY OF CANDON TO BE USED FOR MUNICIPAL SCHOOL PURPOSES AND IN THE ALTERATION AND REPAIR OF THE OLD CASA PRESIDENCIA
SECTION 1. The provincial board of Ilocos Sur is hereby authorized to loan from provincial funds a sum not exceeding five thousand pesos to the municipality of Candon, to be used for municipal school purposes and in the alteration and repair of the old Casa Presidencia of the municipality, one half of the building, when repaired, to be used for municipal offices and the other half to be used for school purposes until such time as an intermediate school building for the municipality shall be provided. Such loan shall be repaid to the provincial treasury, without interest, within three years from the date of the acceptance of the loan or within such other period less than three years and in such amounts and at such times as may be fixed by the provincial board.
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, July 3, 1905.
Cite This Law
An Act Authorizing the Provincial Board of Ilocos Sur to Make a Loan of a Sum Not Exceeding Five Thousand Pesos from Provincial Funds to the Municipality of Candon to be Used for Municipal School Purposes and in the Alteration and Repair of the Old Casa Presidencia, Act No. 1367, Jul 3, 1905 (Philippines)
An Act Authorizing the Provincial Board of Ilocos Sur to Make a Loan of a Sum Not Exceeding Five Thousand Pesos from Provincial Funds to the Municipality of Candon to be Used for Municipal School Purposes and in the Alteration and Repair of the Old Casa Presidencia, Act No. 1367 (Phil. 1905)
Related Laws
- An Act Authorizing the Provincial Board of Pampanga to Make a Loan of a Sum Not Exceeding Three Thousand Pesos from Provincial Funds to the Municipality of Apalit to be Used in the Erection of a New Municipal BuildingAct No. 1517 • Aug 2, 1906 • Statutes
- An Act Authorizing the Provincial Board of Tayabas to Make a Loan of Five Thousand Pesos from Provincial Funds to the Municipality of Lucena, in that Province, in Addition to the Loan Authorized in Act Numbered Eight Hundred and EighteenAct No. 1221 • Aug 26, 1904 • Statutes
- An Act Authorizing the Provincial Board of Pampanga to Make a Loan of Not More than One Thousand Philippine Pesos to the Municipality of Apalit, to be Used in the Construction of a Manual-Training School in Said MunicipalityAct No. 1199 • Jul 19, 1904 • Statutes
- An Act Authorizing the Provincial Board of Tayabas to Make a Loan from Provincial Funds to the Municipality of Lucena in that ProvinceAct No. 818 • Aug 3, 1903 • Statutes
- An Act Authorizing the Provincial Board of Cebu to Make a Loan of Five Hundred Pesos from Provincial Funds to the Municipality of Asturias, in that Province, for the Relief of Distress Caused by Fire and the Marauds of BanditsAct No. 1292 • Feb 1, 1905 • Statutes
- An Act Authorizing the Provincial Board of Samar to Loan from Provincial Funds to the Municipalities of the Province Such Sums of Money as to it may Seem Proper, Not to Exceed a Total of Fifteen Thousand Philippine Pesos, to be Used in the Construction and Repair of Public SchoolhousesAct No. 1231 • Sep 12, 1904 • Statutes
Browse More Statutes
Explore other laws in the Statutes category.
View All StatutesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law