An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven
Act No. 1730, enacted on September 30, 1907, authorizes the Philippine government to make continuing annual appropriations to meet obligations arising from guarantees of four percent interest on railroad bonds and cash capital invested in an agricultural bank. The Act establishes that these appropriations will come from the Insular Treasury and are intended to ensure timely payment of any accrued liabilities. Payments are to be made upon certification by the Insular Auditor and approved by the Governor-General. The Act emphasizes the urgency of its passage for the public good and takes effect immediately upon enactment.
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- What is An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven about?
- Act No. 1730, enacted on September 30, 1907, authorizes the Philippine government to make continuing annual appropriations to meet obligations arising from guarantees of four percent interest on railroad bonds and cash capital invested in an agricultural bank. The Act establishes that these appropriations will come from the Insular Treasury and are intended to ensure timely payment of any accrued liabilities. Payments are to be made upon certification by the Insular Auditor and approved by the Governor-General. The Act emphasizes the urgency of its passage for the public good and takes effect immediately upon enactment.
- What type of law is Act No. 1730?
- An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven (Act No. 1730) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven enacted?
- An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven (Act No. 1730) was enacted on Sep 30, 1907.
- What is the citation for An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven?
- An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven, Act No. 1730, Sep 30, 1907 (Philippines)
Law Information
- Reference Number
- Act No. 1730
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 30, 1907
ACT NO. 1730
AN ACT TO AUTHORIZE CONTINUING ANNUAL APPROPRIATIONS TO MEET ANY OBLIGATIONS OF THE PHILIPPINE GOVERNMENT INCURRED BY REASON OF THE GUARANTY OF FOUR PER CENTUM INTEREST ON (a) RAILROAD BONDS, AS AUTHORIZED BY THE ACT OF CONGRESS APPROVED FEBRUARY SIXTH, NINETEEN HUNDRED AND FIVE, AND (b) CASH CAPITAL INVESTED IN ANY AGRICULTURAL BANK, AS AUTHORIZED BY THE ACT OF CONGRESS APPROVED MARCH FOURTH, NINETEEN HUNDRED AND SEVEN
SECTION 1. A continuing annual appropriation is hereby made, from any funds in the Insular Treasury not otherwise appropriated, for the purpose of making payment of any guaranty obligation accruing against the Government of the Philippine Islands under and by virtue of the provisions of section four of the Act of Congress approved February sixth, nineteen hundred and five, entitled "An Act to amend an Act approved July first, nineteen hundred and two, entitled "An Act temporarily to provide for the administration of the affairs of civil government in the Philippine Islands, and for other purposes," and to amend an Act approved March eight, nineteen hundred and two, entitled "An Act temporarily to provide revenue for the Philippine Islands, and for other purposes," and to amend an Act approved March second, nineteen hundred and three, entitled "An Act to establish a standard of value and to provide for a coinage system in the Philippine Islands," and to provide for the more efficient administration of civil government in the Philippine Islands, and for other purposes."
SECTION 2. A continuing annual appropriation is hereby made, from any funds in the Insular Treasury not otherwise appropriated, for the purpose of making payment of any guaranty obligation accruing against the Government of the Philippine Islands under and by virtue of the provisions of the Act of Congress approved March fourth, nineteen hundred and seven, entitled "An Act to provide for the establishment of an agricultural bank in the Philippine Islands."
SECTION 3. Upon certificate of the Insular Auditor approved by the Governor-General, certifying that a guaranty liability, or any part thereof, has accrued and is due and payable from the Government of the Philippine Islands, the Insular Treasurer, upon order of the Governor-General, shall make payment to the proper persons, out of the appropriations made by this Act, of so much of the guaranty as is specified in said certificate of the Insular Auditor to be due and payable by the Government of the Philippine Islands under and by virtue of said Acts of Congress. CAIHTE
SECTION 4. 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 5. This Act shall take effect on its passage.
ENACTED, September 30, 1907.
Cite This Law
An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven, Act No. 1730, Sep 30, 1907 (Philippines)
An Act to Authorize Continuing Annual Appropriations to Meet Any Obligations of the Philippine Government Incurred by Reason of the Guaranty of Four Per Centum Interest on (A) Railroad Bonds, as Authorized by the Act of Congress Approved February Sixth, Nineteen Hundred and Five, and (B) Cash Capital Invested in Any Agricultural Bank, as Authorized by the Act of Congress Approved March Fourth, Nineteen Hundred and Seven, Act No. 1730 (Phil. 1907)
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