The public interest so requiring, I, RAMON MAGSAYSAY, President of the Philippines, by virtue of the powers vested in me by Section 53 of Commonwealth Act No. 470, as amended by Commonwealth Act No. 534, and upon the recommendation of the Secretary of Finance, do hereby condone the taxes on all real properties located in the province of Cotabato, due from 1951 to 1954, inclusive, on condition that all the unpaid taxes and penalties corresponding to 1950 and previous years and 1955 to 1956 shall be paid on or before May 31, 1957.

Done in the City of Manila, this 6th day of March, in the year of Our Lord, nineteen hundred and fifty-seven, and of the Independence of the Philippines, the eleventh.

(Sgd.) RAMON MAGSAYSAY
President of the Philippines

By the President:
(Sgd.) FORTUNATO DE LEON
Executive Secretary