| Obverse lettering |
UNITED STATES OF AMERICA LUZON USAFFE GUERILLA ARMY FORCES PHILIPPINES FOR THE UNITED STATES OF AMERICA, COMMONWEALTH OF THE PHILIPPINES AND BY AUTHORITY OF U.S. CONGRESS, AND BY PROCLAMATION OF PRESIDENT F. D. ROOSEVELT IT IS HEREBY ORDERED ISSUANCE OF THIS EMERGENCY CURRENCY OF FIVE HUNDRED PESOS AS LEGAL TENDER FOR OPERATIONS, MAINTENANCE OF THE MAJOR WALTER CUSHING GUERILLAS, UNDER GENERAL MACARTHUR AND PRESIDENT QUEZON, TO BE REDEEMED BY THE GOVERNMENT OF THE UNITED STATES THRU THE PHILIPPINE GOVERNMENT, AFTER THE WAR. TO REFUSE THIS EMERGENCY CURRENCY IS PUNISHABLE BY LAW. |
