Section 27
SEC. 27. Section 232 of this Code, as amended, is hereby flirt as amended to read as follows: "Sec. 232. Stamp, tax on life insurance policies. — On all policies of insurance or other instruments by whatever name the same may be called, whereby any insurance shall be made or renewed upon any life or lives,, there shall be collected a documentary stamp tax of fifty centavos on each two hundred pesos or fractional part thereof, of the amount insured by any such policy."