By virtue of the powers vested in me by law, I, FERDINAND E MARCOS, President of the Philippines, do hereby revoke Administrative Order No. 111, dated November 2, 1964, authorizing the Maharlika Insurance Co., Inc., to become a surety upon official recognizances, stipulations, bonds and undertakings, it appearing that said company is indebted to the Government in the amount of P788, 656.00 representing writs of execution for confiscated bail bonds in criminal cases.

Done in the City of Manila, this 1st day of March, in the year of Our Lord, nineteen hundred and seventy-two.


By the President:

(Sgd.) ALEJANDRO MELCHOR
Executive Secretary