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Legislative Tracking System

1965 ORDINANCE NO. 1

AN ORDINANCE REQUIRING ALL COPRA DEALERS OR AGENTS WETHER RESIDING OR NOT IN THIS MUNICIPALITY WHO BUY COPRA WITHIN THE TERRITORIAL JURISDICTION OF CATARMAN, MISAMIS ORIENTAL TO PAY A MUNICIPAL LICENSE QUARTERLY ACCORDING TO CAPITAL.


Be it ordained by the Municipal Council of Catarman, Misamis Oriental, that:


Section 1

All copra dealers or agents whether residing or not in this municipality who buy copra within the territorial jurisdiction of Catarman Misamis Oriental should pay a municipal license quarterly according to capital, as follows:


Capital                                                           Quarterly license


P20,000.00 or more                                        P250.00  a quarter

P15,000.00 but below P20,000.00                  P150.00  a quarter

P10,000.00 but  below P15,000.00                 P75.00  a quarter

P 5,000.00 but below P10,000.00                   P50.00 a quarter

P 1,000.00 but below P 5,000.00                    P15.00 a quarter

Below   P    500.00                                          P6.00 a quarter


Section 2

For the purpose of this ordinance, capital includes cash, trucks. And any other paraphernalia used in copra business.


Section 3

Before payment is made, a prospective copra buyer should submit with the Office of the Municipal Treasurer of Catarman, Misamis Oriental a statement of capital to be used in the business.


Section 4

PENALTY: Any copra dealer or agent found violating any provision of the above ordinance shall be punished by an imprisonment of not less than twenty (20) days nor more than thirty (30) days or a penalty of not less than P100.00 nor more than P250.00 or both at the discretion of the court.


Section 5

REPEALING CLAUSE: Any ordinance the provision or provisions of which is/are inconsistent with the provision or provisions of this ordinance is/are hereby repealed.


Section 6

EFFECTIVITY: This ordinance shall take effect immediately upon its approval.


APPROVED: JANUARY 6, 1965


PEDRO ADAZA, JR.

UBALDO M. GAA

BENIGNO Q. GABALES

LUIS A. BANAAG

MACEDON T. BORRES

MARCIANO B. DAWIS

PABLO C. BABAEL

PORFERIA M. EDER

CRISANTA B. BORRES

DOMNGO N. CHAVES