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Republic Act
Approved June 18, 1954

Republic Act No. 1174

An act authorizing the city of manila to issue bonds for the payment of real estate to be expropriated for the widening of all streets in intramuros, and authorizing also a national government bond issue secured by said city bonds

An Act Authorizing the City of Manila to Issue Bonds for the Payment of Real Estate to be Expropriated for the Widening of All Streets in Intramuros, and Authorizing also a National Government Bond Issue Secured by Said City Bonds

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In plain language

The act authorizes the City of Manila to issue bonds to finance the expropriation of real estate for widening streets in Intramuros and permits the national government to issue bonds secured by those city bonds. It provides for the establishment of an expropriations bond fund, a sinking fund, and tax exemption for the bonds.

  • City of Manila authorized to issue bonds for expropriated real estate
  • President authorized to issue bonds on behalf of city
  • National government bonds secured by city bonds
  • Establishment of Expropriations Bond Fund
  • Tax exemption for city and national bonds
  • Creation of sinking fund
  • Annual appropriations for sinking fund and bond expenses
  • Authority for procurement of materials for bond issuance
  • Act takes effect upon approval
Bonds
Infrastructure
Urban Development
Intramuros
Expropriation
Philippines

REPUBLIC ACT No. 1174

An Act to Amend Certain Sections of Executive Order Numbered Three Hundred Ninety-Three, Otherwise Known as the Charter of the Central Luzon Agricultural College

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Section one of Executive Order Numbered Three hundred ninety-three, commonly known as the Charter of the Central Luzon Agricultural College, is hereby amended to read as follows:

"Sec. 1. The present Central Luzon Agricultural School, located in Muñoz, Nueva Ecija, Philippines, is hereby converted into the Central Luzon Agricultural College, which will offer not only its present four year secondary agricultural course, one-year farm mechanical course, and special courses but also a two year course leading to the title of Associate in Agricultural Education, four year courses leading to the degrees of Bachelor Science in Agricultural Education, Bachelor Science in Agricultural Engineering, and Bachelor of Science in Home Economics; and post graduate courses leading to the degrees of Master of Science in Agricultural Education, Master of Science in Agricultural Engineering, and Master of Science in Home Economics; and such other degree courses and special courses as the Board of Trustees may deem necessary.

Section 2

Section two of Executive Order Numbered Three hundred and ninety-three is hereby amended to read as follows:

"Sec. 2. The aim of the said College shall be to provide professional, technical, and special instruction, for special purposes, promote research, extension service, and progressive leadership in agricultural education, agricultural engineering, home economics, and other fields.

Section 3

Subsection (b) of section five of the same Executive Order is hereby amended to read as follows:

"(b) To confer upon successful candidates for graduation, the Title of Associate in Agricultural Education, the degrees of Bachelor in Agricultural Engineering Education, Bachelor of Science in Home Economics, Master of Science in Agricultural Education, Master of Science in Agricultural Engineering, and Master of Science in Home Economics, and such other titles and degrees corresponding to the courses which the Board of Trustees may offer: Provided, That it may confer the usual honorary degrees upon persons in recognition of learning, statesmanship, leadership, or eminence in literature, science, art, agriculture, or public service.

Section 4

This Act shall take effect upon its approval.

Approved: June 18, 1954.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.