EXECUTIVE ORDER NO. 654, December 18, 1953

[ 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:

Asturias Sugar Central, Inc.

Bogo-Medellin Milling Co., Inc.

Central Azucarera del Norte

Central Azucarera Don Pedro

Central Santos-Lopez, Co., Inc.

Hind Sugar Company

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.

(SGD.) ELPIDIO QUIRINO President of the Philippines

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