An Act Appropriating Fifteen Million Pesos Out of the Proceeds of the Sales of Bonds Authorized Under Republic Act Numbered One Thousand for the Extension of the Southern Line of the Manila Railroad Company from the Municipality of Daraga, Province of Albay, to the Municipality of Matnog, Province of Sorsogon
Year:
1957
Category:
Other
Date Approved:
June 13, 1957
Summary
Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.
This Act appropriates fifteen million pesos from the proceeds of bond sales authorized under a previous Republic Act for the extension of the southern line of the Manila Railroad Company. It aims to facilitate transportation improvements between the municipalities of Daraga and Matnog.Full Text
REPUBLIC ACT No. 1623
An Act Appropriating Fifteen Million Pesos Out of the Proceeds of the Sales of Bonds Authorized Under Republic Act Numbered One Thousand for the Extension of the Southern Line of the Manila Railroad Company from the Municipality of Daraga, Province of Albay, to the Municipality of Matnog, Province of Sorsogon
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. The amount of fifteen million pesos is appropriated, out of the proceeds of the sales of bonds authorized under Republic Act Numbered One thousand, upon recommendation of the National Economic Council for the extension of the southern line of the Manila Railroad Company from the Municipality of Daraga, Province of Albay, to the Municipality of Matnog, Province of Sorsogon.
Section 2. This Act shall take effect upon its approval.
Approved: June 13, 1957.
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.