An Act Providing for a Loan of Twenty Thousand Pesos to the Province of Sorsogon

January 23, 1905

ACT NO. 1289

AN ACT PROVIDING FOR A LOAN OF TWENTY THOUSAND PESOS TO THE PROVINCE OF SORSOGON

SECTION 1. There is hereby appropriated, out of any funds in the Insular Treasury not otherwise appropriated, the sum of twenty thousand pesos, to be loaned to the Province of Sorsogon, and to be expended by the provincial board of that province for the general purposes of the provincial government.

SECTION 2. The money appropriated in the first section of this Act shall be paid to the treasurer of the Province of Sorsogon upon the production by him to the Treasurer of the Philippine Islands of a certified copy of a resolution of the provincial board of Sorsogon accepting such loan and agreeing to repay the money, without interest, on or before two years from the date of the loan.

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, January 23, 1905.