ONE PESO
PHILIPPINE NATIONAL BANK
EMERGENCY CIRCULATING NOTE OF 1941
ISSUED BY THE CEBU CURRENCY COMMITTEE
BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES
OF DECEMBER 29, 1941
THE PHILIPPINE NATIONAL BANK WILL PAY YHE BEARER ON DEMAND
ONE PESO
ONE PESO HAS BEEN DEPOSITED IN THE TRESURY OF
THE PHILIPPINES FOR THE REDEMPTION OF THIS CERTIFICATE
ONE PESO ONE PESO
Reverse lettering
PHILIPPINE NATIONAL BANK
CEBU CITY, PHILIPPINES, DECEMBER 29, 1941
ONE PESO
EMERGENCY CIRCULATING NOTE OF 1941