Section 1
SECTION 1. Any person, association or corporation owning, possessing or keeping notes legally issued by the Philippine National Bank payable to bearer, should present them for stamping or countersigning as hereinafter provided, to the National Treasurer, or to the treasurer of the province, chartered city or municipality in which such person, association or corporation resides, within a period of sixty days counted from the twentieth day after the seal or stamp provided in section two of this Act shall have been received at the office of the treasurer concerned, who shall immediately give due publicity to said receipt by posting the corresponding notices within the view of the public in his office and in other conspicious places of the city or cities, and/or municipality or municipalities under his jurisdiction: Provided, That each person, association or corporation may present said notes only once for the purposes herein indicated.