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Act No. 1260 Section 1

Act No. 1260 Section 1

Section 1

SECTION 1. There is hereby appropriated, out of so much of the three-million-dollar Congressional relief fund as remains unappropriated in the Insular Treasury, the sum of sixty-five thousand pesos, Philippine currency, for the purpose of constructing wagon roads from Tabaco to Ligao and from Guinobatan to Jovellar, in the Province of Albay: Provided, That the provincial board of Albay appropriate not less than twenty-five thousand pesos, Philippine currency, from the provincial road fund and moneys of the Congressional relief fund now subject to appropriation by the provincial board: And provided further, That the money hereby appropriated shall be accepted by the provincial board of Albay as a loan, to be repaid without interest in three equal installments, the first within one year, the second within two years, and the third within three years from the date of the acceptance of the loan. The money so loaned shall, when repaid, revert to the Congressional relief fund.

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Other provisions in Act No. 1260

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 1260 Section 1 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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