Section 1
SECTION 1. In consideration of the long and meritorious services rendered to the Government and the People of the Philippine Islands by the Honorable Cayetano S. Arellano, Chief Justice of the Supreme Court of the Philippine Islands, there is hereby established and granted to him a life pension of twelve thousand pesos per annum, which shall be paid to him in monthly installments, at the end of each month, by the Insular Treasurer of the Philippine Islands, beginning with the day next following the one on which the said Honorable Cayetano S. Arellano shall have finally left his present position on the Supreme Court.