Question & AnswerQ&A (Act No. 828)
Carabao and other draft animals purchased by the Insular Government out of the Congressional relief fund.
The Insular Purchasing Agent is responsible for branding the animals with the Government brand and a consecutive number.
The number and brand of the animals, the vessel name, shipment number, date of arrival, and final disposition must be properly recorded.
The Insular Purchasing Agent may consign animals to provincial boards for sale upon proper requisition and authorized by the Commission.
Animals can be sold at public auction or in other manners authorized by resolution of the Commission.
Minimum price is seventy pesos for cash sales, and ninety-three pesos for part cash and part credit sales.
Animals shall be sold either for cash or one-third cash, one-third due in one year, and one-third due in two years without interest, or other terms fixed by Commission resolution.
Deferred payments must be secured by pledge, mortgage, or personal guaranty satisfactory to the provincial board or Insular Purchasing Agent.
Unpaid purchase money constitutes a preferred lien on the animals in favor of the Insular Government against all persons.
A fine not exceeding five hundred pesos, or imprisonment not exceeding one year, or both, may be imposed.
The Insular Purchasing Agent and the provincial treasurer must keep true accounts and report to the Insular Auditor.
This Act takes effect upon its passage on August 7, 1903.