[ Act No. 3420, December 07, 1927 ]
AN ACT GRANTING LOANS TO PROVINCES AND MUNICIPALITIES AND APPROPRIATING THE SUM OF THREE MILLION EIGHTY-NINE THOUSAND AND NINE HUNDRED PESOS FOR THIS PURPOSE.
Whereas, the Loan Board created by Act Numbered Three thousand three hundred and thirty-five of the Philippine Legislature has approved certain loans to provinces and municipalities in accordance with the provisions of said Act;
Whereas, notwithstanding the approval of said loans the Insular Auditor has refused to authorize the release of the corresponding funds, because in his opinion the aforesaid Loan Board is illegally constituted in the light of the decision of the Supreme Court of the Philippine Islands in the case of Milton E. Springer et al. vs. The Government of the Philippine Islands, which case is now pending final decision before the Supreme Court of the United States;
Whereas, the public welfare requires the immediate release of said funds while awaiting the final determination by the courts as to the legality of the Loan Board, either as a result of the doctrine that may be established in the case of Milton E. Springer et al. vs. The Government of the Philippine Islands above referred to, or in an independent action that may be instituted by interested parties to compel the Insular Auditor to order the release of similar funds: Now, therefore,
Be it enacted by the Senate and House of Representatives of the Philippines in
Legislature assembled and by the authority of the same:
Section 1. The loan fund of three million five hundred thousand pesos appropriated and set aside by Act Numbered Three thousand three hundred and thirty-five is hereby reduced by the amount of three million twenty-four thousand and nine hundred pesos and said amount of three million twenty-four thousand and nine hundred pesos is hereby appropriated to be loaned to the following provinces and municipalities in the sums and for the purposes, respectively, herein specified, and under the terms, conditions and limitations as prescribed and approved by the Loan Board created by said Act Numbered Three thousand three hundred and thirty-five.
| ABRA |
| Municipality of Bangued -for the reconstruction of waterworks, payable in ten annual amortized installments |
P5,700.00 |
| ALBAY |
| Municipality of Camalig-for the construction of a market building, payable in ten annual amortized installments |
11,000.00 |
| Municipality of Libon-for the construction of a presidencia building, payable in ten annual amortized installments |
8,500.00 |
| Municipality of Ligao-for the construction of waterworks, payable in ten annual amortized installments |
30,000.00 |
| Municipality of Oas-for the construction of waterworks, payable in ten annual amortized installments |
25,000.00 |
| Municipality of Oas-for the construction of a presidencia building, payable in ten annual amortized installments |
7,000.00 |
| Municipality of Polangui-for the construction of a presidencia building, payable in ten annual amortized installments |
17,000.00 |
| Municipality of Tabaco-for the construction of a presidencia building, payable in ten annual amortized installments |
40,000.00 |
| ANTIQUE |
| Municipality of Barbaza-for the construction of waterworks, payable in ten annual amortized installments |
8,000.00 |
| Municipality of Pandan-for the construction of waterworks, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Patnongon-for the construction of waterworks, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Sibalom-for the construction of waterworks, payable in ten annual amortized installments |
9,000.00 |
| BATAAN |
| Municipality of Hermosa-for the completion of its presidencia building, payable in five annual amortized installments |
2,000.00 |
| Municipality of Orani-for the construction of market tiendas, payable in ten annual amortized installments |
5,000.00 |
| BATANGAS |
| Municipality of Balayan-for the construction of an intermediate school and a school of domestic science, payable in ten annual amortized installments |
50,000.00 |
| Municipality of Bauan-for the completion of its lighting system, payable in five annual amortized installments |
5,000.00 |
| Municipality of Bolbok-for the construction of a presidencia building, payable in ten annual amortized installments |
30,000.00 |
| Municipality of Lipa-for the construction of market tiendas and acquisition of additional market site, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Taal-for the construction of a market building, payable in ten annual amortized installments |
50,000.00 |
| Municipality of Tanawan-for the construction of a presidencia building, payable in ten annual amortized installments |
30,000.00 |
| BOHOL |
| Province of Bohol-for the construction of a bridge over the Wahig River, payable in five annual amortized installments |
60,000.00 |
| Municipality of Baclayon-for the construction of waterworks, payable in ten annual amortized installments |
9,000.00 |
| Municipality of Batuan-for the construction of a presidencia building, payable in ten annual amortized installments |
5,000.00 |
| Municipality of Dimiao-for the construction of waterworks, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Calape-for the construction of a presidencia building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Jagna-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Garcia-Hernandez-for the construction of a school building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Guindulman-for the construction of waterworks, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Valencia-for the construction of waterworks, payable in ten annual amortized installments |
8,000.00 |
| BULACAN |
| Municipality of Hagonoy-for the construction of waterworks, payable in ten annual amortized installments |
33,400.00 |
| Municipality of San Ildefonso-for the construction of artesian well, payable in ten annual amortized installments |
5,000.00 |
| Municipality of Malolos-for the construction of a market building, payable in ten annual amortized installments |
36,000.00 |
| Municipality of Meycauayan-for the construction of waterworks, payable in ten annual amortized installments |
25,000.00 |
| Municipality of Obando-for the construction of four additional school rooms, payable in ten annual amortized installments |
6,000.00 |
| Municipality of Polo-for the drilling of artesian wells, payable in ten annual amortized installments |
6,700.00 |
| Municipality of San Miguel-for the construction of a waterwork, payable in ten annual amortized installments |
12,500.00 |
| CAGAYAN |
| Municipality of Aparri-for the construction of a presidencia building, payable in ten annual amortized installments |
30,000.00 |
| CAMARINES NORTE |
| Municipality of Daet-for the construction of a retaining wall, payable in five annual amortized installments |
5,000.00 |
| CAMARINES SUR |
| Municipality of Baao-for the construction of a market building, payable in ten annual amortized installments |
P21,000.00 |
| Municipality of Buhi-for the construction of a market building, payable in ten annual amortized installments |
24,000.00 |
| Municipality of Goa-for the construction of a market building, payable in ten annual amortized installments |
28,000.00 |
| Municipality of Nabua-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Naga-for the construction of a market building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Pasacao-for the construction of waterworks, payable in five annual amortized installments |
2,000.00 |
| Municipality of Tigaon-for the construction of market tiendas, payable in ten annual amortized installments |
7,500.00 |
| CAPIZ |
| Municipality of Capiz-for the construction of waterworks, payable in ten annual amortized installments |
47,000.00 |
| Municipality of Banga-for the construction of a market building, payable in ten annual amortized installments |
22,000.00 |
| Municipality of Dumalag-for the construction of a market building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Iuisan-for the construction of waterworks, payable in ten annual amortized installments |
9,000.00 |
| Municipality of Mambusao-for the construction of a presidencia building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Panay-for the construction of a market building, payable in ten annual amortized installments |
12,000.00 |
| Municipality of Panitan-for the construction of market building, payable in ten annual amortized installments |
10,000.00 |
| CAVITE |
| Municipality of Bacoor-for the construction of a presidencia building, payable in ten annual amortized installments |
17,000.00 |
| Municipality of Carmona-for the acquisition of a presidencia and market site, payable in ten annual amortized installments |
4,000.00 |
| Municipality of Dasmarinas-for the construction of waterworks, payable in ten annual amortized installments |
5,000.00 |
| Municipality of General Trias-for the construction of a presidencia building, payable in ten annual amortized installments |
17,000.00 |
| Municipality of Indang-for the construction of a presidencia building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Mendez Nunez-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Rosario-for the construction of a presidencia building, payable in ten annual amortized installments |
9,000.00 |
| Municipality of Tanza-for the construction of a market building, payable in ten annual amortized installments |
8,000.00 |
| CEBU |
| Municipality of Carcar-for the construction of waterworks, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Consolacion-for the construction of a market building, payable in ten annual amortized installments |
30,000.00 |
| Municipality of Danao-for the construction of a presidencia building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Sogod-for the construction of a presidencia building, payable in ten annual amortized installments |
6,000.00 |
| ILOCOS NORTE |
| Municipality of Bangui-for the construction of a presidencia building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Batac-for the construction of a presidencia building, payable in ten annual amortized installments |
17,000.00 |
| Municipality of Currimao-for the construction of a presidencia building, payable in ten annual amortized installments |
9,000.00 |
| Municipality of Laoag-for the construction of market tiendas, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Pinili-for the construction of a presidencia building, payable in ten annual amortized installments |
6,000.00 |
| Municipality of Sarrat-for the construction of a school building, payable in ten annual amortized installments |
3,850.00 |
| Municipality of Dingras-for the construction of a market building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Dingras-for the construction of school building, payable in ten annual amortized installments |
13,000.00 |
| Municipality of Dingras-for the completion of a presidencia building, payable in ten annual amortized installments |
10,500.00 |
| ILOCOS SUR |
| Municipality of Santa Catalina-for the construction of waterworks, payable in ten annual amortized installments |
4,650.00 |
| Municipality of San Vicente-for the construction of waterworks, payable in ten annual amortized installments |
6,300.00 |
| Municipality of Sinait-for the construction of a market building, payable in ten annual amortized installments |
12,000.00 |
| Municipality of Santiago-for the construction of waterworks, payable in ten annual amortized installments |
6,000.00 |
| ILOILO |
| Municipality of Balasan-for the construction of a market building, payable in ten annual amortized installments |
13,000.00 |
| Municipality of Banate-for the construction of a market building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Dueñas-for the construction of a market building, payable in ten annual amortized installments |
13,000.00 |
| Municipality of Estancia-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Arevalo-for the reconstruction of the presidencia building, payable in five annual amortized installments |
1,000.00 |
| Municipality of Miagao-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| Municipality of La Paz-for the construction of presidencia building, payable in ten annual amortized installments |
30,000.00 |
| Municipality of Calinog-for the construction of a market building, payable in ten annual amortized installments |
14,000.00 |
| Municipality of Oton-for the construction of a market building, payable in ten annual amortized installments |
30,000.00 |
| Municipality of San Dionisio-for the construction of a market building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Janiuay-for the construction of a market building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of San Miguel-for the construction of an additional market building, payable in ten annual amortized installments |
5,000.00 |
| Municipality of Passi-for the construction of a presidencia building, payable in ten annual amortized installments |
25,000.00 |
| Municipality of Sara-for the construction of waterworks, payable in ten annual amortized installments |
15,000.00 |
| LA UNION |
| Municipality of Agoo-for the construction of market tiendas and slaughterhouse, payable in ten annual amortized installments |
6,000.00 |
| Municipality of Bangar-for the construction of a market building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Bacnotan-for the construction of a market building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Bauang-for the construction of a market building, payable in ten annual amortized installments |
7,000.00 |
| Municipality of San Juan-for the construction of a market building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Tubao-for the construction of a market building, payable in ten annual amortized installments |
6,000.00 |
| LAGUNA |
| Municipality of Alaminos-for the construction of a presidencia building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Los Baños-for the construction of a presidencia building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Los Baños-for the construction of waterworks, payable in ten annual amortized installments |
4,000.00 |
| Municipality of Lumban-for the construction of waterworks, payable in ten annual amortized installments |
8,000.00 |
| Municipality of Paete-for the construction of waterworks, payable in ten annual amortized installments |
6,000.00 |
| Municipality of Pagsanjan-for the construction of a retaining wall, to protect the market site on the riverside, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Luisiana-for the construction of a market building, payable in ten annual amortized installments |
7,000.00 |
| LEYTE |
| Province ol Leyte-for the construction of a school building, payable in ten annual amortized installments |
120,000.00 |
| Municipality of Baybay-for the acquisition of the land and building of Mrs. Martina A. Moraza for municipal purposes, payable in ten annual amortized installments |
30,000.00 |
| Municipality of Palo-for the completion of the presidencia building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Villaba-for the construction of waterworks, payable in ten annual amortized installments |
3,000.00 |
| MARINDUQUE |
| Municipality of Boac-for the construction of a presidencia building, payable in ten annual amortized installments |
23,000.00 |
| Municipality of Buenavista-for the construction of a presidencia building, payable in ten annual amortized installments |
6,000.00 |
| MASBATE |
| Municipality of Masbate-for the construction of market tiendas, payable in ten annual amortized installments |
4,000.00 |
| Province of Masbate-for the construction of waterworks, payable in ten annual amortized installments |
36,000.00 |
| MINDORO |
| Municipality of Calapan -for the construction of a presidencia building, payable in ten annual amortized installments |
14,000.00 |
| MISAMIS |
| Province of Misamis-for the construction of the Oroquieta bridge, payable in five annual amortized installments |
80,000.00 |
| Municipality of Cagayan-for the construction of waterworks, payable in ten annual amortized installments |
25,000.00 |
| Municipality of Catarman-for the construction of waterworks, payable in ten annual amortized installments |
7,000.00 |
| NUEVA ECIJA |
| Municipality of Cabanatuan-for the construction of market tiendas, payable in five annual amortized installments |
50,000.00 |
| Municipality of Gapan-for the construction of a market building, payable in ten annual amortized installments |
17,000.00 |
| Municipality of San Antonio-for the drilling of artesian wells, payable in ten annual amortized installments |
5,000.00 |
| Municipality of Guimba-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Muñoz-for the completion of a market building, payable in ten annual amortized installments |
30,000.00 |
| Municipality of Quezon-for the drilling of artesian wells, payable in ten annual amortized installments |
4,000.00 |
| PALAWAN |
| Municipality of Puerto Princesa-for the reconstruction of waterworks, payable in five annual amortized installments |
P1,500.00 |
| OCCIDENTAL NEGROS |
| Province of Occidental Negros-for the construction of a bridge over the Danao River, payable in five annual amortized installments |
50,000.00 |
| Province of Occidental Negros-for the construction of a bridge over the Suay River, payable in five annual amortized installments |
50,000.00 |
| Municipality of Bago-for the construction of a market building at the mill site of the Ma-ao Sugar Central, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Bago-for the construction of a school building, payable in five annual amortized installments |
15,000.00 |
| Municipality of Calatrava-for the construction of waterworks, payable in ten annual amortized installments |
12,500.00 |
| Municipality of Ilog-for the construction of a market building and for the acquisition of the site therefor, payable in ten annual amortized installments |
16,000.00 |
| Municipality of Isabela-for the construction of a market building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Manapla -for the construction of a market building, payable in ten annual amortized installments |
24,000.00 |
| Municipality of Sagay-for the construction of a market building, payable in ten annual amortized installments |
12,000.00 |
| Municipality of Silay-for the construction of a presidencia building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Valladolid-for the construction of a market building, payable in ten annual amortized installments |
12,000.00 |
| ORIENTAL NEGROS |
| Municipality of Ayuquitan-for the construction of a market building, payable in ten annual amortized installments |
10,000.00 |
| Municipality of Bacong-for the construction of a market building, payable in ten annual amortized installments |
6,000.00 |
| Municipality of Jimalalud-for the construction of a school building, payable in ten annual amortized installments |
7,000.00 |
| Municipality of Lazi-for the construction of a market building, payable in ten annual amortized installments |
9,000.00 |
| Municipality of Luzuriaga-for the construction of a school building, payable in ten annual amortized installments |
4,000.00 |
| Municipality of Manjuyod-for the construction of waterworks, payable in ten annual amortized installments |
6,000.00 |
| Municipality of Sibulan-for the construction of a market building, payable in ten annual amortized installments |
4,000.00 |
| Municipality of Siquijor-for the improvement of waterworks, payable in five annual amortized installments |
2,500.00 |
| Municipality of Tanjay-for the construction of waterworks, payable in ten annual amortized installments |
17,000.00 |
| Municipality of Tayasan-for the construction of a school building, payable in ten annual amortized installments |
9,000.00 |
| PAMPANGA |
| Municipality of Floridablanca-for the construction of an intermediate school, payable in ten annual amortized installments |
12,000.00 |
| Municipality of Lubao-for the construction of a school building, payable in ten annual amortized installments |
25,000.00 |
| Municipality of Guagua-for the construction of waterworks, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Mexico-for the construction of a school building, payable in ten annual amortized installments |
18,000.00 |
| Municipality of San Fernando-for the construction of a market building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of San Fernando-for the construction of waterworks, payable in ten annual amortized installments |
30,000.00 |
| Municipality of San Simon-for the construction of a market building, payable in ten annual amortized installments |
7,000.00 |
| PANGASINAN |
| Municipality of Alaminos-for the construction of a market building, payable in ten annual amortized installments |
12,000.00 |
| Municipality of Bugallon-for the construction of a presidencia building, payable in ten annual amortized installments |
7,000.00 |
| Municipality of Malasiqui-for the construction of a market building, payable in ten annual amortized installments |
30,000.00 |
| Municipality of Mapandan-for the completion of the presidencia building, payable in five annual amortized installments |
3,200.00 |
| Municipality of Mangaldan-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Santa Barbara-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| Municipality of Umingan-for the construction of a presidencia building, payable in ten annual amortized installments |
20,000.00 |
| Municipality of Urdaneta-for the construction of market tiendas, payable in ten annual amortized installments |
17,000.00 |
| RIZAL |
| Municipality of Taguig-for the construction of a presidencia building, payable in ten annual amortized installments |
12,000.00 |
| ROMBLON |
| Municipality of Badajos-for the construction of waterworks, payable in ten annual amortized installments |
9,000.00 |
| Municipality of Cajidiocan-for the construction of waterworks, payable in ten annual amortized installments |
4,000.00 |
| Municipality of Odiongan-for the construction of waterworks, payable in ten annual amortized installments |
15,000.00 |
| SAMAR |
| Municipality of Allen-for the construction of a school building, payable in ten annual amortized installments |
5,000.00 |
| Municipality of Oras-for the construction of a presidencia building, payable in ten annual amortized installments |
9,000.00 |
| SORSOGON |
| Municipality of Bulan-for the construction of a market building, payable in ten annual amortized installments |
8,000.00 |
| Municipality of Bulusan-for the construction of a market building, payable in ten annual amortized installments |
8,000.00 |
| Municipality of Casiguran-for the construction of a market building, payable in ten annual amortized installments |
15,000.00 |
| TARLAC |
| Municipality of Camiling-for the construction of a school building, payable in ten annual amortized installments |
18,000.00 |
| Municipality of Capaz-for the construction of a school building, payable in ten annual amortized installments |
12,000.00 |
| Municipality of Moncada-for the construction of a school building, payable in ten annual amortized installments |
17,000.00 |
| Municipality of Paniqui-for the construction of a presidencia building, payable in ten annual amortized installments |
40,000.00 |
| TAYABAS |
| Municipality of Atimonan-for the construction of waterworks, payable in ten annual amortized installments |
50,000.00 |
| Municipality of Calauag-for the construction of a market building, payable in ten annual amortized installments |
26,000.00 |
| Municipality of Lopez-for the construction of a school building, payable in ten annual amortized installments |
24,000.00 |
| Municipality of Gumaca-for the construction of a school building, payable in ten annual amortized installments |
50,000.00 |
| Municipality of Lucban-for the construction of a school building, payable in ten annual amortized installments |
30,000.00 |
| Municipality of Macalelon-for the construction of a school building, payable in ten annual amortized installments |
8,000.00 |
| Municipality of Tayabas-for the construction of a school building, payable in ten annual amortized installments |
50,000.00 |
| ZAMBALES |
| Municipality of Santa Cruz-for the completion of a presidencia building, payable in five annual amortized installments |
2,000.00 |
| Municipality of San Antonio-for the construction of waterworks, payable in ten annual amortized installments |
8,600.00 |
| Total |
3,024,900.00 |
Section 2. The loans granted in section one of this Act shall be released by the Insular Treasurer and all repayments thereon, together with the interests paid, shall accrue to the reimbursable account created by Act Numbered Three thousand three hundred and thirty-five, to be invested in loans to provinces, municipalities, and chartered cities under the conditions provided in that Act.ℒαwρhi৷
Section 3. The sum of sixty-five thousand pesos is also hereby appropriated from the funds to accrue to the reimbursable account created by Act Numbered Three thousand three hundred and thirty-five to be loaned to the following province and municipality in the sums and for the purposes, respectively, herein specified, and under the terms, conditions, and limitations as prescribed and approved by the Loan Board created by said Act Numbered Three thousand three hundred and thirty-five:
| Municipality of Leon, Province of Iloilo-for the construction of a market building, payable in ten annual amortized installments |
P15,000.00 |
| Province of Nueva Ecija-for the construction of a bridge over the Binituan River, payable in ten annual amortized installments |
50,000.00 |
These loans shall be released by the Insular Treasurer and the repayments and interests thereon shall be treated in the same manner as prescribed in section two of this Act.
Section 4. This Act shall take effect on its approval.
Approved, December 7, 1927.
The Lawphil Project - Arellano Law Foundation
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