Acts of the Philippine Legislature Author:Philippines Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: imposing an annual license tax on retail dealers in such liquors for the benefit of the municipalities, and by amending the definition of wholesale dealers in su... more »ch liquors." Sec. 2. This act shall take effect on January first, nineteen hundred and twelve. Enacted, December 21, 1911. C. B. No. 146. [No, 2088.] AN ACT Amending Act Numbered Two thousand and sixty-seven, entitled "An act providing for the investment of a portion of the accretions to the gold-standard fund in loans to the provinces and municipalities in the territory inhabited by Moros or other non-Christian tribes, for certain purposes, in securities authorized for the investment of funds of the postal savings bank, and in interest-bearing bonds to assist in the construction of sugar centrals, and for other purposes," so as to fix the amount of the gold-standard fund created under act numbered nine hundred and thirty-eight, authorize the deposit of the amount of the excess so fixed to the credit of the general fund of the treasury, and authorize the investment of a portion of the said gold-standard fund. By authority of the United States, be it enacted by the Philippine Commission, that: Section 1. Act Numbered Two thousand and sixty-seven is hereby amended by striking out sections one and two and inserting hi lieu thereof the following: "section 1. The gold-standard fund created "by Act Numbered Nine hundred and thirty-eight of the Philippine Commission be, find the same is, hereby fixed at a sum equal to thirty-five per centum of the money of the Government of the Philippine Islands in circulation and available for that purpose, exclusive of the silver certificates in circulation protected by a gold reserve: Provided, however, That all of the proceeds of the certificates of indebtedness which...« less