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753 Q- - M TITLE .#8.·-=-TERRITORIES 41 the purchase,oi·`*'telring of their-property by theauthorltles ata -
_fair and reasonable valuatlgn. , - . __ ,__— » i . · - No corporation shau be authorized to conduct- the business . or buying and selling `real estate or be permitted to hold or - own real estate except such ,as- may be reasonably necessary to enable lt to carry out the purposes for which it was created, - and every co` ratioe hereafter authorized to engage in agri-. . culture shall wits charter be restricted. to the ownership and {control of not to exceed nyc hundred acres otland; and this . provision shall be held to preventgany member or a corporation-. - engaged in agriculture trom_ being ‘in anygwise lnterested ur ` any other corporation ’e¤g·ag’§ in agriculturef ‘ Corporations, _. howwrgamay loan funds upon, real estate security,. and pur-_ chase P l`l»_1£ate_when necessary for the collection _ of loans, but they shall dispose of real estate so obtained within _ fivei years after the title. Corporations not organized in Q Porto Rico, and doing business therein, shall be bound by the provisions of this section 'far as· they are applicable. (May ‘ 1, 1900, No; Q, 3, 31 Stat.716; Mar. 2, 1917, c.» ,145, §-39, 39 ~ ` 753. Legislature, to regulate rates, tarilfs, etc., of public carriers by rail; wforcement of such lavys.——The'legislative’*’ assem-_ -bly ot Porto Rico is authorized to' enact Ylaws relating to the regulation otr the rates, tariffs, and service Tot . public carriers by rail ln, Porto Rico, and the publicservice commission shall _ have"power to enforce such la-ws; “_(Mar. --2, 1917, c. 145, Q 38, w-sm. 964.)- ,- _Q. . · _ · .` 1 754{ Qualidcations-of electors.—Voters at elections held pursuant, to this chapter shall. be citizens of the United _ States r twenty-one years of age or over I and have' such additional .- quallncations as may be prescribed by the Legislature of Porto j Rico. No property qualidcation shall ever be imposed upon or ` required of any voter. (Mar. 2, 1917, c. 145,-5 35,-39 Stat, 963.) ° Q 755. Goins; redemption; exchange; recoinage; legal tender.-. ‘ For the purpose ofnretirlng the Porto Rican coins in circulaga in Porto Rico on April 12,1900; and substituting therefor _:
e coins or the United States, the Secretaryot the Treasury
is authorized-to redeem, on presentation in Porto Rico, all the -1 silver coins of Porto Rico known as the peso and all"other i silver and copper Porto Rican coins. ln_ circulation in Porto .; Rlcoon such date, not including any. such colns that may be_ imported into Porto Rico after the 1st day of February, 1000, l at the rate of 60 cents in the coins of the United States. for- 1 peso ot Porto Rican coin,. and for all minor or subsidiary- `* coins the same ratelot exchange shall be applied: The Porto 1 Rican coins so purchased or redeendd shall be recoined at the expense ot the United- States, under the direction of the < Secretary ot the Treasury int0‘_ such coins ot the United States l now authorized by lawns he may direct. _ No. coin shall be _a legal tender, in payment ot debts contracted for any amount • ln Porto Rico, exceptsthose ot the Uni/ted States, `and except Aa tboseowing prior to`Aprll,12,' 1900, which shall be, payable in the colnsot Porto Rico in circulation at that date,.or in the 1 coins ofa the United States at the rate of exchange heroin . mentioned. (Apr..12Q 1900, c..191, § 11,31 Stat; 80.) O `THE EXECUTIVE AND GOVERNMENT OFFICIALS 771. Governor.———Tl1e supreme executive power shall be vested. I ln an executive otllcer, whose official title shall be “,'Tl18 Gov- 1 ernor of Porto Rlc6.?’ ,He shall be appointed. by the President, 1 by and with the dvice sud consent of the Senate, and hold his office at tl1c%easur; of the President and until his suc- 1 cessor is chosen and u ined. The governor shall reside in s ._Porto Rico during hl [ omclal incdmbencye and ‘malntain his 1 ofllce at the seat of government. D He shall have general super- 1 vision and controleot all the departments. and bureaus ot the ( government in Porto Rico, so far as is not inconsistent with q the provisions ot this chapter, and shall be commander in chief g
vn ·11vsvLA1z. POSSEBSIONS 1618 of‘the militia. He may grant pardons and reprieves and remit dues and 'forfeitures for oitenses against then laws _ of Porto Rico, and `respites for all odenses against the laws of the United States until the decision of the President can be ascertainm, and may veto y legislation enacted -as hereinafter provided. (He shall comml&ton all officers that he may be authorized to appoint. j He shall be responsible for .the» faithful execution of the laws of Porto Rico and of -the·U·nlted Stata applicable in Porto Rico,. and whenever Tit becomw necessary he may- call upon the commanders of the military and naval forces or the United States in the island, or summon the pme comitatus, or call out the 'militia to prevent. or suppress lawless ‘”violence, inva_sion,` insurrection, or rebellion, and he niay, ln case of ‘ rebellion or invasion, or imminent ‘-danger tliereof, when the . public safety requires lt} suspend ctlie fprlvilwe of the writ of » habea corpus, or place the island, or. any part tmreof, under martial law until communication can be · had with the Presi-·‘ dent and the Presidents decision therein mace known. He shall annually. and atsuch other times aswhe may be requlred, . make omcial report of the tranmctions of the government of - Porto Rico- to the= éxecutive department of the Government of ~ the United States to be designated by ‘the_President as; herein ( provided, and his said,. annual report `shall be‘_tra@ltted to Congress, and .·he· shall perform ·-such additional! duties- and functions as may in pursuance .of law, be delegted to him by the President, (Apr. 20, 1900, c.. 191, 1 17, 31 Stat. 81; Mar,. 2, 1917, c.‘145, {12, 39_Stat. 955.) , ‘ ‘ . _ t . - 772. Governor ad interim.-·—The President may from time totime desihate the: head of an executive demrtment of Porto I Rico to act as ,g..ve.·.e in. the of a vacancy, the temporary removal, resignation, or dleabillty of the governor, or his _ temporary absence, and. the head of the department thus designated shall exercise all the and perform all the duties of the governor during such vacancy, disability, or "abeence. (Apr. 12, 1900, c.·_191, $20, 31 Stat. 81; Mar.`2, 1917,3:. .145, Q 24, B9 Stat. 958.) _. . . — - · 773. Executive departments.-—-The followingeexecutive de- » partments are hereby created:. _ _ . · §f_(1)- Department of justice: The head of the department of justiceshall be designated as the attorney general; ‘ _ Q ._(2) Department of finance: The head- of the department of tlnance shall be designated as the treasurer; _ .· ' ' (3)·- Department of the interior: The head of the department 0f_the interior shall be designated as the commissioner of the ° lnterior; . 9_ ‘ = c c _ ‘ (4) Department of education: The head of the department of education shall be designated as the commissioner of educa·` tion; .· _ · — ‘ “ _ - (5) Department of agriculture and ‘lahor:· The head of 'the department of agriculture and labor shall be designated as the commissioner of agriculture and labor; (6) Department of health: The head of thedepartment of health shall be designated as the commissioner of health. (Mar. 2, 1917, c. 145. { 13, 39 Stat. 955.) — . _ . 774. Legislature not to create new departments; oonsolida-· tion or abolitionof departments.---No executive department not provided in this chapter shallobe created by the legislature. but thelegislature may consolidate departments, or abolish any department; with the consent of the President of the UnitedStates. (Mar. 2, 1917, c. 145, § 37, 89 Stat. 964.) ` 775.' Appointment and tenure of office of heads of departe ments.--—-The attorney.- general and commissioner of education shall be appointed by the President, by and with the advice and consent of the Senate of the United States, to hold officel for four years and until their successors are appointed and ` lualined, unless sooner 'removed by the President. The head! . nf the four remaining departments, shall be appointed by_ the iovernor, iby and with the advice and consent of the Senate of i
