MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ ADMINISTRATIVE ORDER NO. 148, August 26, 1941 ]

FURTHER AMENDING ADMINISTRATIVE ORDER NO. 123, DATED APRIL 15, 1940, AS AMENDED BY ADMINISTRATIVE ORDER NO. 137, DATED NOVEMBER 7, 1940, AUTHORIZING THE ISSUE AND SALE OF BONDS KNOWN AS “CITY OF MANILA, LOAN OF 1940 (DUE 1970) THIRD SERIES”

WHEREAS, Administrative Order No. 137, dated November 7, 1940, amending Administrative Order No. 123, dated April 15, 1940, has authorized the issue and sale in series of the bonds known as “City of Manila, Loan of 1940 (Due 1970)” on the dates herein below:

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Third Series   December 1, 1940   ₱1,000,000.00
Fourth Series March 1, 1941   500,000.00
Fifth Series June 1, 1941   500,000.00
Sixth Series September 1, 1941   500,000.00
Seventh Series December 1, 1941   500,000.00
Eighth Series March 1, 1942   500,000.00

WHEREAS, it appears that it will be to the best interest of the City of Manila if the issuance of the 6th series of the bonds of the City of Manila in the amount of ?500,000.00 be deferred from September 1, 1941, to October 1, 1941;

NOW THEREFORE, pursuant to the provisions of Act No. 3456 and of Act No. 3711, as amended by Act No. 4247, I, MANUEL L. QUEZON, President of the Philippines, hereby further amend Administrative Order No. 123, dated April 15, 1940, as amended by Administrative Order No. 137, dated November 7, 1940, so that the sale of the 6th series of the bonds authorized to be issued and sold on September 1, 1941, be deferred to October 1, 1941.

Done at the City of Manila, this 26th day of August in the year of Our Lord, nineteen hundred and forty-one, and of the Commonwealth of the Philippines, the sixth.

(Sgd.) MANUEL L. QUEZON
President of the Philippines

By the President:

(Sgd.) JORGE B. VARGAS
Secretary to the President


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