in the enactment of laws," passed September twenty-sixth, nineteen hundred. SEC. 9. This Act shall take effect on its passage. [No. 1616.] AN ACT Changing the name of the municipality of Almeria, Province of Leyte, to that of Kawayan, and transferring the seat of its municipal government to the present barrio of Kawayan; also changing the name of the municipality of San Ricardo in the said province to that of Pintuyan, and transferring the seat of its municipal government to the present barrio of Pintuyan. By authority of the United States, be it enacted by the Philippine Commission, that: SECTION 1. The municipality of Almeria in the Province of Leyte, as established by paragraph eleven of section one of Act Numbered Nine hundred and fifty-four, shall hereafter be known as Kawayan, with the seat of the municipal government at the present barrio of Kawayan. SEC. 2. The municipality of San Ricardo in the Province of Leyte, as established by paragraph fifteen of section one of Act Numbered Nine hundred and fifty-four, as amended by Act Numbered Nine hundred and eighty-six, shall hereafter be known as Pintuyan, with the seat of the municipal government at the present barrio of Pintuyan. 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 twentysixth, nineteen hundred. SEC. 4. This Act shall take effect on its passage. [No. 1617.] AN ACT Providing for the establishment and maintenance of toll roads and bridges. By authority of the United States, be it enacted by the Philippine Commission, that: SECTION 1. Whenever the provincial board of any province shall decide it to be necessary for the proper maintenance of any road or highway within the province, it may designate any such road or highway, or any part of any road or highway, or any bridge, which is maintained or intended to be built and maintained wholly by provincial funds, as a toll road or toll bridge, and may fix, and from time to time may change, the rates of toll to be paid for the use thereof, which shall be reasonable and shall not be greater than is necessary to produce the revenue requisite for the proper building, maintenance, or improvement thereof during the period while the toll rates are in force. The rates fixed shall be subject to the approval of the Governor-General: Provided, That no toll shall be collected from persons passing over such road or bridge on foot: And provided, further, That officers and enlisted men and civil employees of the United States Army, Navy, and Marine Corps shall be exempt from the payment of tolls or charges under this Act. SEC. 2. The provincial board may erect the gates and employ the persons necessary to collect the tolls on any such road or part of road or bridge so designated, the tolls so collected to constitute a special fund for the repair and maintenance of said toll road. SEC. 3. It shall be unlawful for any person whatever to use any toll road or bridge except as provided in section one hereof without paying the tolls prescribed therefor, and any person who shall make use thereof in violation of this section shall be punished by a fine of not to exceed fifty pesos and in default of the payment thereof shall be imprisoned one day for each peso of fine and costs unpaid. SEC. 4. Whenever either the Governor-General or the provincial board shall decide that the financial situation of a province is such that the collection of tolls on any road or part of a road or bridge may be discontinued without injury to the welfare of such province, the Governor-General or the provincial board, as the case may be, shall so order and thereafter such road or part thereof shall be free for public use, and in any case no road or highway shall be continued. as a toll road or highway for a longer period than five years. SEC. 5. 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 twentysixth, nineteen hundred. SEC. 6. This Act shall take effect on its passage. [No. 1618.] AN ACT Increasing the number of municipalities in the Province of Misamis from ten to eleven, by separating from Talisayan the former municipality of Gingoog, giving the latter the territory which it comprised prior to the passage of Act Numbered Nine hundred and fifty-one, and providing for the distribution of funds in the municipal treasury of Talisayan, resulting from the separation from Talisayan of the former municipality of Gingoog. By authority of the United States, be it enacted by the Philippine Commission, that: SECTION 1. The ten municipalities of the Province of Misamis, as established by Act Numbered Nine hundred and fifty-one, shall, in accordance with the provisions of this Act, be increased to eleven, by separating from Talisayan the former municipality of Gingoog, which is hereby reconstituted and shall consist of the territory of which it was constituted prior to the passage of said Act Numbered Nine hundred and fifty-one. SEC. 2. 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. SEC. 3. This Act shall take effect on August tenth, nineteen hundred and seven: Provided, That the distribution of funds in the municipal treasury of Talisayan, resulting from the separation from Talisayan of the former municipality of Gingoog, shall be made as of the date of the passage of this Act. Enacted, March 20, 1907. [No. 1619.] AN ACT Increasing the number of municipalities in the Province of Bulacan from fourteen to fifteen, by separating from Baliuag the former municipality of San Rafael, giving the latter the territory which it comprised prior to the passage of Act Numbered Nine hundred and thirty-two, and providing for the distribution of funds in the municipal treasury of Baliuag, resulting from the separation from Baliuag of the former municipality of San Rafael. By authority of the United States, be it enacted by the Philippine Commission, that: SECTION 1. The fourteen municipalities of the Province of Bulacan, as established by Act Numbered Fifteen hundred and eighty-eight, shall, in accordance with the provisions of this Act, be increased to fifteen, by separating from Baliuag the former municipality of San Rafael which is hereby reconstituted and shall consist of the territory of which it was constituted prior to the passage of Act Numbered Nine hundred and thirty-two. SEC. 2. 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. SEC. 3. This Act shall take effect on August tenth, nineteen hundred and seven: Provided, That the distribution of funds in the municipal treasury of Baliuag, resulting from the separation from Baliuag of the former municipality of San Rafael, shall be made as of the date of the passage of this Act. Enacted, March 21, 1907. [No. 1620.] AN ACT Amending Act Numbered Fourteen hundred and ninety-three, entitled "An Act to encourage economy and saving among the people of the Philippine Islands, and to that end to provide for the establishment of postal savings banks and their administration through the organization of a postal savings bank division in the Bureau of Posts, and for other purposes." By authority of the United States, be it enacted by the Philippine Commission, that: SECTION 1. Section eighteen of an Act Numbered Fourteen hundred and ninety-three is hereby amended by adding at the end of paragrap (b) the words "unless otherwise provided by this Act," and by adding at the end of the section the following additional paragraphs: 5. (a) Upon first mortgage or deed of trust to the bank of improved and unencumbered city real estate, with a title registered in accordance with the Land Registration Act, situated in the cities. of Manila, Cebu, Iloilo, and Zamboanga: Provided, however, That no investment shall be made upon a mortgage or deed of trust of any parcel of such property without the approval of four-fifths of the members of the investment board, nor in amount in excess of forty per centum of the assessed value of such property, nor in amount in excess of five per centum of the total amount of deposits in the bank, nor in amount in excess of fifty thousand pesos on any one piece of property, nor for a longer time than three years: And provided further, That the investments upon such mortgages and deeds of trust shall not exceed in the aggregate twenty-five per centum of the total deposits in the bank. "(b) Upon first mortgage or deed of trust to the bank of actually cultivated, improved, and unencumbered agricultural lands in the Philippine Islands with a title registered in accordance with the Land Registration Act: Provided, however, That no investment shall be made upon a mortgage or deed of trust of any parcel of such land without the approval of all members of the investment board, nor in amount in excess of twenty per centum of the assessed value of such land, nor in amount in excess of ten thousand pesos on any one piece of property, nor for a longer time than five years: And provided further, That investments upon such mortgages or deeds of trust shall not exceed in the aggregate ten per centum of the total deposits in the bank. "Real estate acquired by the foreclosure of a mortgage or deed of trust thereon shall be vested in the name of the Postal Savings Bank and shall be sold by the investment board as soon as a price can be obtained therefor sufficient to pay the amount of the mortgage or deed of trust, interest, charges, insurance, and other expenses chargeable against the property, and within three years after the same is vested in the bank unless such time shall be extended by the GovernorGeneral. The chairman of the investment board, by direction of the board, shall execute all necessary papers for the sale and transfer of such real estate. The Director of Lands shall, under direction of the investment board, undertake the management of any property title to which may vest in the bank by operation of this law and shall render to the board all reports for which it may call. "The board shall be charged with the duty of verifying the reasonableness of the assessed value of all land upon which money is loaned under the provisions of this Act. "6. In any securities the principal or interest of which is guaranteed by the Government of the United States or of the Philippine Islands. "7. In loans on any securities the principal or interest of which is guaranteed by the Government of the United States or of the Philippine Islands: Provided, That such loans shall not exceed eighty per centum of the market value of such securities and that no loans shall be made on such securities for a period longer than one year." SEC. 2. 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 twentysixth, nineteen hundred. SEC. 3. This Act shall take effect on its passage. [No. 1621.] AN ACT To amend section forty-seven of Act Numbered One hundred and eightythree, entitled "An Act to incorporate the city of Manila," by providing that the annual tax on the assessed value of real estate in the city of Manila for the year nineteen hundred and seven shall be one and one-half per centum thereof. By authority of the United States, be it enacted by the Philippine Commission, that: SECTION 1. Section forty-seven of Act Numbered One hundred and eighty-three, entitled "An Act to incorporate the city of Manila," is hereby amended by providing that the annual tax on the assessed value of all real estate in the city of Manila subject to taxation shall be, for the year nineteen hundred and seven, one and onehalf per centum thereof instead of two per centum thereof as now provided by said section. The requirement of said section that one per centum of the assessed value of all such real estate shall be payable on or before the first day of July, nineteen hundred and seven, shall not be affected by the provisions of this Act. The remaining one-half per centum shall be payable on or before the thirty-first day of December, nineteen hundred and seven. SEC. 2. 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. SEC. 3. This Act shall take effect on its passage. [No. 1622.] AN ACT Providing for the cancellation, under certain conditions, of the unpaid balances remaining on loans made by the Insular Government to the provinces of Capiz, Batangas, Iloilo, and Romblon. By authority of the United States, be it enacted by the Philippine Commission, that: SECTION 1. The unpaid balance of fifty-five thousand pesos, owing from the Province of Capiz to the Government of the Philippine Islands, on the loans made to said province under Acts Numbered One hundred and thirty-four and One hundred and ninety-six, is hereby canceled, on condition that the government of said province shall provide and pay into the provincial school fund of Capiz, to be expended only for the purposes hereinafter set forth, an amount at least equal to the indebtedness hereby canceled, of which at least sixteen thousand pesos shall be made available for expenditure in accordance with the terms of this Act on or before the first day of May, nineteen hundred and seven, and of which at least eight thou |