Page:United States Statutes at Large Volume 75.djvu/285

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[75 Stat. 245]
[75 Stat. 245]
PUBLIC LAW 87-000—MMMM. DD, 1961

75

STAT.]

PUBLIC LAW 87-121-AUG. 3, 1961

245

Mount Diablo base and meridian; a 1-inch iron pipe set in the ground bears south 41 degrees 40 minutes west 146.13 feet; running thence, first north 41 degrees 40 minutes east 32.41 feet; second from a tangent that bears south 49 degrees 51 minutes 05 seconds east, on a curve to the right with a radius of 1,800 feet, through a central angle of 3 degrees 08 minutes 50 seconds, a distance of 98.72 feet to a point on the southeast boundary of lot 2 in block numbered 13 of the townsite of Weaverville, Trinity County, California, which point bears south 31 degrees 43 minutes west 50.47 feet from the centerline of State highway at engineers' station 806-1-89.71 P. O. C; third south 31 degrees 43 minutes west 130.63 feet on the boundary of said block numbered 13 to the southeast corner of said lot numbered 1 in block numbered 13; fourth south 89 degrees 39 minutes west 154.00 feet on the boundary of said lot 1; fifth north 41 degrees 40 minutes east 191.71 feet to the point of beginning. Containing 0.462 acre, more or less. Approved August 3, 1961.

Public Law 87-121 JOINT RESOLUTION August 3. 11961 To provide for amending section 3 of the Puerto Rican Federal Relations Act ^^ J' Re8« 124] (64 Stat. 319), as amended (64 Stat. 458).

Resolved by the Seriate and House of Representatives of the United States of America in Congress assembled, That section 3 of the Puerto pede^i ^RCII^IOM Rican Federal Relations Act (64 Stat. 319), as amended (64 Stat. 458), Act, amendment, is amended by deleting therefrom the following language: 'Provided, ^g ^g^' *^^* however, That no public indebtedness of Puerto Rico and the municipalities of San Juan, Ponce, Arecibo, Rio Piedras and Mayaguez shall be allowed in excess of 10 per centum of the aggregate tax valuation of its property, and no public indebtedness of any other subdivision or municipality of Puerto Rico shall hereafter be allowed in excess of 5 per centum of the aggregate tax valuation of the property in any such subdivision or municipality," and "In computing the indebtedness of the people of Puerto Rico, municipal bonds for the payment of interest and prmcipal of which the good faith of the people of Puerto Rico has heretofore been pledged and bonds issued by the people of Puerto Rico secured by bonds to an equivalent amount of bonds of municipal corporations or school boards of Puerto Rico shall not be counted but all bonds hereafter issued by any municipality or subdivision within the 5 per centum hereby authorized for which the good faith of the people of Puerto Rico is pledged shall be counted." SEC. 2. Section 1 of this Act shall take effect upon a majority of the f SSi^^refSJenqualified electors of Puerto Rico having voted in a referendum pur- dum" " '* *'*"" ^ suant to section 1 of article VII of the constitution of the Common-^^^^^ u s e 73 id wealth of Puerto Rico, to include provisions in the Commonwealth "" ** constitution, in lieu of the provisions of section 3 of the Puerto Rican Federal Relations Act specified herein, limiting the debt-incUrring capacity of the Commonwealth and of its municipalities (as proposed in the concurrent resolution of the legislative assembly of the Commonwealth). Approved August 3, 1961.