Republic Act
Approved June 22, 1957

Republic Act No. 2024

An act increasing the authorized capital stock of the manila railroad company of the philippine islands to one hundred fifty million pesos

An Act Increasing the Authorized Capital Stock of the Manila Railroad Company of the Philippine Islands to One Hundred Fifty Million Pesos

In plain language

The act increases the authorized capital stock of the Manila Railroad Company from fifty million pesos to one hundred fifty million pesos, allocating forty million pesos for the railway project in Mindanao and thirty million pesos for the extension of the Panay Railway.

  • Authorized capital increased from 50 million to 150 million pesos
  • 40 million allocated for Mindanao railway project
  • 30 million allocated for Panay Railway extension
  • Act takes effect upon approval
capital stock
railroad
Philippines
1957

REPUBLIC ACT No. 2024

An Act Changing the Name of Barrio Tapul, Municipality of Puerto Princesa, Province of Palawan, to Barrio Salvacion

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

The name of barrio Tapul in the Municipality of Puerto Princesa, Province of Palawan, is changed to barrio Salvacion.

Section 2

This Act shall take effect upon its approval.

Approved: June 22, 1957.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.