An Act Providing for a Loan of Six Thousand Pesos, Philippine Currency, to the Province of Bataan

November 13, 1905

ACT NO. 1410

AN ACT PROVIDING FOR A LOAN OF SIX THOUSAND PESOS, PHILIPPINE CURRENCY, TO THE PROVINCE OF BATAAN

SECTION 1. There is hereby appropriated, out of any funds in the Insular Treasury not otherwise appropriated, the sum of six thousand pesos, Philippine currency, to be loaned to the Province of Bataan and to be expended by the provincial board of that province for the general expenses of the provincial government, including the repair of the provincial government building.

SECTION 2. The money appropriated in the first section of this Act shall be paid to the supervisor-treasurer of Bataan upon the production by him to the Treasurer of the Philippine Islands of a certified copy of a resolution of the provincial board of Bataan accepting such loan and agreeing to repay the money without interest on or before the expiration of two years from the date of the acceptance of the loan by the provincial board of Bataan, the repayment to be made in two equal annual installments.

SECTION 3. 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 4. This Act shall take effect on its passage.

ENACTED, November 13, 1905.