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CA 707 Section 2

Section 2

SEC. 2. Fifty per centum of the net profits every year of the Manila Railroad Company shall, within fifteen days after such profits are declared, be turned over to the National Treasury until the sum of twenty million pesos, loaned to said Company by the Government by virtue of the provisions of this Act, is fully paid.

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Other provisions in CA 707

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationCA 707 Section 2 (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).

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