[ Acts No. 4087, November 29, 1933 ]
AN ACT TO AMEND ACT NUMBERED THIRTY-NINE HUNDRED AND EIGHTY-NINE, ENTITLED "AN ACT AUTHORIZING THE PUBLIC WELFARE COMMISSIONER TO ARRANGE WITH ANY EXISTING ENTITY ENGAGED IN THE HORSE-RACING ENTERPRISE FOR THE HOLDING OF HORSE RACES FOR ONLY ONE TIME AND FOR CHARITABLE PURPOSES, AND TO SELL TICKETS AT A PRICE TO BE FIXED BY HIM, TO BE DRAWN BY LOTS IN CONNECTION WITH THE RACES, AND FOR OTHER PURPOSES," AS AMENDED BY ACT NUMBERED FOUR THOUSAND AND FORTY-EIGHT.
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. Section one of Act Numbered Thirty-nine hundred and eighty-nine, as amended by Act Numbered Four thousand and forty-eight, is hereby further amended to read as follows:
"Section 1. As an emergency measure, the celebration of a charity horse race sweepstake once a year is hereby authorized under the conditions provided in this Act.
"The celebration of the said charity horse race sweepstake shall be made under the supervision and control of a board of trustees composed of nine members, including the Secretary of Finance who shall be ex officio chairman, The other members shall be appointed by the Governor-members. General upon the recommendation of the Secretary of Finance. The members shall be citizens of the Philippine Islands or of the United States but any three thereof may be subjects or citizens of three different foreign countries, residing in the Philippine Islands. They shall serve for one year unless reappointed and shall not receive any remuneration or salary for their services.
"The board of trustees shall have the following powers and duties: To adopt rules and regulations governing the yearly celebration of the charity horse race sweepstake and the sale of the tickets thereof; to fix the date of the horse race each year and the closing of the sale of tickets; to supervise the administration of said races which shall for a fixed period be in the hands of one or several of the charitable associations mentioned in section two of this Act, which shall be previously designated by the board of trustees and shall, upon being so designated, carry out the resolutions and wishes of the board of trustees; appoint the necessary clerical force, to fix their salaries, and to remove them for cause; to buy, purchase, lease, rent or hire such property, real or personal, as may be necessary and advisable in carrying out the charity horse race sweepstake, and to enter into such contracts, agreements, or obligations, as may be necessary and indispensable for carrying out the purpose of this Act; and to do such act or acts incidental to the powers herein granted and such other act or acts as may be necessary and proper for the carrying out of the purpose of this law."
Section 2. This Act shall take effect on its approval.1aшphi1
Approved, November 29, 1933.
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