(b) On every around three thousand pesos or fractional area thereof excessively off three thousand pesos, an extra tax of one peso and fifty centavos.
Point 5. Area 200 and you can 30-two of Commonwealth Work Designated Four hundred and you may 60-six, because the revised from the section twenty-one of Republic Operate Numbered 40, try hereby then revised to read below:
Sec. 232. Stamp taxation on mortgages, guarantees,