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[ Act No. 1261, November 14, 1904 ]

AN ACT APPROPRIATING THIRTY THOUSAND DOLLARS, MONEY OF THE UNITED STATES, OUT OF THE GOLD-STANDARD FUND, FOR THE PAYMENT OF INTEREST ON CERTIFICATES OF INDEBTEDNESS ISSUED BY THE GOVERNMENT OF THE PHILIPPINE ISLANDS, UNDER ACT OF CONGRESS APPROVED MARCH SECOND, NINETEEN HUNDRED AND THREE.

By authority of the United States, be it enacted by the Philippine Commission, that:

Section 1. There is hereby appropriated, out of the gold-standard fund, the sum of thirty thousand dollars, money of the United States, for the payment of quarterly interest due December first, nineteen hundred and four, on the certificates of indebtedness amounting to three million dollars, issued and sold on behalf of the Insular Government by the Secretary of War under authority of the Act of Congress approved March second, nineteen hundred and three, and Act Numbered Eleven hundred and ninety-five of the Philippine Commission.

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.1aшphi1

Section 3. This Act shall take effect on its passage.

Enacted, November 14, 1904.

The Lawphil Project - Arellano Law Foundation

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