PHILIPPINE NATIONAL BANK
EMERGENCY CIRCULATING NOTE OF 1942
ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES
THE PHILIPPINE NATIONAL BANK
WILL PAY THE BEARER ON DEMAND
ONE PESO
IN LAWFUL CURRENCY OF THE PHILIPPINES
ILOILO CURRENCY COMMITTEE
Reverse lettering
PHILIPPINE NATIONAL BANK
ILOILO CITY PHILIPPINES DEC 30, 1942
ONE PESO
EMERGENCY CIRCULATING NOTE