Whereas, most of the sugar centrals in the Philippines, including the buildings and dwelling houses of their laborers, were damaged or destroyed during the last war;

Whereas, these sugar centrals have been incurring heavy expenditures for their rehabilitation;

Whereas, some of these centrals have been operating at a loss, and others at profits which are inconsiderable; and

Whereas, the imposition of the additional progressive taxes on these centrals would be unduly oppressive and, in a few instances, even confiscatory in effect;

Now, therefore, I, Elpidio Quirino, President of the Philippines, do hereby waive the additional progressive taxes to be paid by proprietors and operators of the following sugar mills for the 1952-1953 crop under section 2 of Commonwealth Act No. 567:

1. Asturias Sugar Central, Inc.
   
2. Bogo-Medellin Milling Co., Inc.
   
3. Central Azucarera del Norte
   
4. Central Azucarera Don Pedro
   
5. Central Santos-Lopez, Co., Inc.
   
6. Hind Sugar Company
   
7. Ormoc Sugar Company, Inc.

Done in the City of Manila, this 18th day of December, in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the eighth.


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