PHILIPPINES (GUERRILLA) 1 PESO 1942 CAGAYAN EMERGENCY CERTIFICATE,WORLD WAR II GUERRILLA NOTES,Eagle at centre,Script:Latin,Lettering:1 EMERGENCY CERTIFICATE 1 CAGAYAN PESO PESO THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THE PHILIPPINES NATIONAL BANK THE EQUIVALENT OF ONE PESO PAYABLE TO THE BEARER ON DEMAND AFTER THE WAR ONE PESO,Reverse,1 at upper Corners,Script:Latin,Lettering:COMMONWEALTH OF THE PHILIPPINES CAGAYAN ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES AND THE PROVINCIAL BOARD OF CAGAYAN REFUSAL TO ACCEPT THIS NOTE IS PUNISHABLE BY LAW