Section 1
SECTION 1. The provincial board of Iloilo together with the provincial secretary and provincial fiscal of that province, are hereby constituted a special board, with authority to correct all valuations of the property above stated on the assessment list of the municipality of Iloilo and to state just valuations, in money of the United States, of each of the parcels of land above referred to, and to correct any and all erroneous assessments of said parcels of land. The assessment list of the said lands, when so corrected, shall be as lawful and valid for all purposes as though the correction and reassessment herein provided for had been made by the board of tax revision at the proper time.