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Republic Act

AN ACT TO AMEND ACT NUMBERED SEVEN HUNDRED AND THIRTY-ONE, ENTITLED "AN ACT APPROPRIATING ONE MILLION DOLLARS, IN MONEY OF THE UNITED STATES, FOR THE PURCHASE OF SILVER, COPPER, AND OTHER METALS OR ALLOYS NEEDED IN THE COINAGE OF SUBSIDIARY COINS FOR USE IN THE PHILIPPINE ISLANDS," BY PROVIDING THAT THE MONEY APPROPRIATED MAY BE EXPENDED NOT ONLY FOR THE PURCHASE OF BULLION NEEDED IN THE COINAGE, BUT ALSO FOR THE MAKING OF NECESSARY DIES AND OTHER EXPENSES OF COINAGE, FOR THE COST OF TRANSPORTING COINS, WHEN COINED, FROM THE. MINTS OF THE UNITED STATES TO THE PHILIPPINE ISLANDS, INCLUDING THE NECESSARY INSURANCE, AND FOR ALL OTHER EXPENSES OF PUTTING SUCH COINS INTO CIRCULATION.

Number
Act No. 771
Date of approval
Sections
4
Section 1

SECTION 1. Section one of Act Numbered Seven hundred and thirty-one, entitled "An Act appropriating one million dollars, in money of the United States, for the purchase of silver, copper, and other metals or allows needed in the coinage of subsidiary coins for use in the Philippine Islands," is hereby amended by providing that the money appropriated may be expended not only for the purchase of bullion needed in the coinage but also for the making of necessary dies and other expenses of coinage, for the cost of transporting coins, when coined, from the mints of the United States to the Philippine Islands, including the necessary insurance, and for all other expenses of putting such coins into circulation.

Section 2

SEC. 2. All moneys heretofore disbursed by the Disbursing Agent of the Philippine Government in Washington, for the purposes mentioned in the preceding section, are hereby ratified and confirmed.

Section 3

SEC. 3. 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 4

SEC. 4. This Act shall take effect on its passage.

Enacted, May 27, 1903.

4 sections

Cite this law

AN ACT TO AMEND ACT NUMBERED SEVEN HUNDRED AND THIRTY-ONE, ENTITLED "AN ACT APPROPRIATING ONE MILLION DOLLARS, IN MONEY OF THE UNITED STATES, FOR THE PURCHASE OF SILVER, COPPER, AND OTHER METALS OR ALLOYS NEEDED IN THE COINAGE OF SUBSIDIARY COINS FOR USE IN THE PHILIPPINE ISLANDS," BY PROVIDING THAT THE MONEY APPROPRIATED MAY BE EXPENDED NOT ONLY FOR THE PURCHASE OF BULLION NEEDED IN THE COINAGE, BUT ALSO FOR THE MAKING OF NECESSARY DIES AND OTHER EXPENSES OF COINAGE, FOR THE COST OF TRANSPORTING COINS, WHEN COINED, FROM THE. MINTS OF THE UNITED STATES TO THE PHILIPPINE ISLANDS, INCLUDING THE NECESSARY INSURANCE, AND FOR ALL OTHER EXPENSES OF PUTTING SUCH COINS INTO CIRCULATION. (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/act-771

Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).

No copyright in works of the Government (RA 8293 s.176)

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