Authority of Provincial Board of Misamis To Correct Lists of Assessment of Land in Misamis and Oroquieta
Act No. 1093, enacted on March 22, 1904, authorizes the Provincial Board of Misamis to correct errors in the land assessment lists for taxation in the municipalities of Misamis and Oroquieta. The Act addresses discrepancies where assessments were mistakenly recorded as gold values instead of in local currency, effectively doubling the intended values. It permits the board to adjust these assessments, converting local currency values to U.S. dollars at a specified rate, ensuring that corrected assessments are valid for all legal purposes. The Act emphasizes the need for prompt action to serve the public good and takes effect immediately upon passage.
Law Information
- Reference Number
- Act No. 1093
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
March 22, 1904
ACT NO. 1093
AN ACT AUTHORIZING THE PROVINCIAL BOARD OF THE PROVINCE OF MISAMIS TO MAKE CERTAIN CORRECTIONS IN THE LISTS OF ASSESSMENT OF LAND FOR THE PURPOSE OF TAXATION IN THE MUNICIPALITIES OF MISAMIS AND OROQUIETA IN SAID PROVINCE
Whereas it has been made to appear that by mistake the lists of assessment of land for the purpose of taxation in the municipality of Misamis, in the Province of Misamis, as made by the board of tax revision were entered as gold values, although the valuations has been made in Mexican money, so that the valuation are practically twice as large as intended by the board of tax revision, and it further appearing that there are numerous erroneous assessments in the municipality of Oroquieta in said province: Therefore,
SECTION 1. The provincial board of the Province of Misamis is hereby authorized to correct all such valuations on the assessment lists of the municipalities of Misamis and Oroquieta and to state the valuables in money of the United States in each case where it is made clear that the valuation now stated upon the assessment lists is stated upon a basis of local currency instead of money of the United States, and also to correct any and all erroneous assessments in said municipalities. For the purpose of this Act the reduction shall in all cases be made upon a basis of two dollars of local currency for one dollar of money of the United States. The assessment lists when so corrected shall be as lawful and valid for all purposes as though the correction herein provided had been made by the board of tax revision at the proper time.
SECTION 2. The public good requiring the speedy enactment of this bill, the passage of the same is hereby expedited in accordance with section two of "An Act prescribing the order of procedure by the Commission in the enactment of laws," passed September twenty-sixth, nineteen hundred. aisadc
SECTION 3. This Act shall take effect on its passage.
Enacted: March 22, 1904
Cite This Law
Authority of Provincial Board of Misamis To Correct Lists of Assessment of Land in Misamis and Oroquieta, Act No. 1093, Mar 22, 1904 (Philippines)
Authority of Provincial Board of Misamis To Correct Lists of Assessment of Land in Misamis and Oroquieta, Act No. 1093 (Phil. 1904)
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