Section 53
SEC. 53. There shall lie exempted from taxation burying grounds, churches and their adjacent parsonages or e.onventos, and lands and buildings used exclusively for religious, charitable., scientific, or educational purposes, and not for private profit : Provided, That such exemption shall not extend to lands or buildings held for investment, though the income therefrom lie devoted to religious, charitable, scientific, or educational purposes: lands, buildings, and improvements owned by the United Slates of America, the Government of the Philippine Islands, any departmental or provincial government in said Islands, or by the township.