WHEREAS, a petition has been received from the associated banks of Manila requesting that the thirty-first day of December, nineteen hundred and forty-six be declared a bank holiday so as to enable the banks to continue without interruption the heavy work incident to the closing of their accounts at the end of the year;

WHEREAS, the thirtieth day of December, nineteen hundred and forty-six, and the first day of January, nineteen hundred and forty-seven, are public holidays, the thirty first day of December, nineteen hundred and forty-six, can be declared a special bank holiday to the great advantage of the banks and no disadvantage will result to the public in general;

NOW, THEREFORE, I, Manuel Roxas, President of the Philippines, by virtue of the authority vested in me by section 30 of the Revised Administrative Code, do hereby proclaim Tuesday, December thirty-first, nineteen hundred and forty-six, as a special bank holiday.

Done at the City of Manila, this 26^th day of December, in the year of Our Lord, nineteen hundred and forty-six, and of the Independence of the Philippines, the first.

(Sgd.) MANUEL ROXAS

President of the Philippines

By the President:

(Sgd.) EMILIO ABELLO

Chief of the Executive Office