Preamble
Whereas it has been made to appear that an oversight was committed by the municipal board of assessors of the municipality of Iloilo and by the reassessment board of the Province of Iloilo in the classification and valuation of lots numbered five, six, seven, eight, and nine on a plan showing the property in Iloilo belonging to Warner, Barnes and Company, Limited, which lands are largely submerged; and Whereas the valuations placed upon said lands are found to be inequitable by reason of oversight and mistake in classification and valuation: Therefore, By authority of the United States, be it enacted by the Philippine Commission, that: