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