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MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ EXECUTIVE ORDER NO. 654, December 18, 1953 ]

WAIVING THE ADDITIONAL PROGRESSIVE TAXES TO BE COLLECTED FROM, AND PAID BY PROPRIETORS AND OPERATORS OF CERTAIN SUGAR MILLS FOR THE 1952-1953 CROP.

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.1a⍵⍴h!1

(SGD.) ELPIDIO QUIRINO
President of the Philippines

By the President:

(SGD.) MARCIANO ROQUE
Acting Executive Secretary

The Lawphil Project - Arellano Law Foundation

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