Section 3
SEC. 3. The capital of said corporation shall be five hundred thousand pesos, divided into five thousand shares of stock having a par value of one hundred pesos each, and no stock shall be issued at less than par nor except for cash.
Act No. 2814 Section 3
SEC. 3. The capital of said corporation shall be five hundred thousand pesos, divided into five thousand shares of stock having a par value of one hundred pesos each, and no stock shall be issued at less than par nor except for cash.
CitationAct No. 2814 Section 3 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).