The public interest so requiring, I, Elpidio Quiriho, 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 remit the 50 per cent of the 1952 taxes and real properties located on the western side of Lacas Road from the barrio of Lacas to Horasan and from the western side of Gabuaan Road to the seashore, then to Naasag and sitio Volcan within the jurisdiction of Mambajao, Province of Misamis Oriental, on condition that all the unpaid taxes and penalties corresponding to 1951 and previous years and the remaining 50 per cent of the 1952 taxes shall be paid on or before December 31, 1952.

Done in the City of Manila, this 21st day of October, in the year of Our Lord, nineteen hundred and fifty-two, and of the Independence of the Philippines, the seventh.


By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary