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 Building
Act No. 1517, enacted on August 2, 1906, authorizes the Provincial Board of Pampanga to loan up to three thousand pesos from provincial funds to the municipality of Apalit for the construction of a new municipal building. The loan is to be repaid without interest within three years, or sooner if determined by the provincial board. The act emphasizes the urgency of the project for public good, facilitating its expedited passage. The law takes effect immediately upon its enactment.
Law Information
- Reference Number
- Act No. 1517
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 2, 1906
ACT NO. 1517
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 BUILDING
SECTION 1. The provincial board of Pampanga is hereby authorized to loan from provincial funds a sum not exceeding three thousand pesos to the municipality of Apalit to be used in the erection of a new municipal building, such loan to 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, August 2, 1906.
Cite This Law
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 Building, Act No. 1517, Aug 2, 1906 (Philippines)
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 Building, Act No. 1517 (Phil. 1906)
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