[ Act No. 1315, April 11, 1905 ]
AN ACT APPROPRIATING THE SUM OF THREE MILLION DOLLARS IN GOLD COIN OF THE UNITED STATES, FROM THE GOLD-STANDARD FUND FOR THE PURPOSE OF PAYING THE PRINCIPAL OF THE THIRD SERIES OF CERTIFICATES OF INDEBTEDNESS ISSUED PURSUANT TO THE PROVISIONS OF ACT NUMBERED ONE THOUSAND AND FIFTY.
By authority of the United States, be it enacted by the Philippine Commission, that:
Section 1. Pursuant to the provisions of section one of Act Numbered Nine hundred and thirty-eight, which declares "That whenever the public interest permits, there may be withdrawn from the old-standard fund such amount as the Philippine Government may deem proper to pay the principal and interest of all or any part of the certificates of indebtedness issued under section six of the said Act of Congress of March second, nineteen hundred and three," there is hereby appropriated from the gold-standard fund the sum of three million dollars, gold coin of the United States, for the payment in New York, upon maturity, of the principal of the third series of certificates of indebtedness, maturing May first, nineteen hundred and five, and issued pursuant to the provisions of section six of said Act of Congress approved March second, nineteen hundred and three and Act Numbered One thousand and fifty of the Philippine Commission.
Section 2.1aшphi1 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, April 11, 1905.
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