1937 Five Pesos

As to proceed with this post, I will be giving details about this note and other posts to come. This note is similar to my previous posts(see 1916 and 1921) with the same denomination. The man in the portrait is William McKinley(U.S. President). The difference seen within such notes varies from the color of the seal and serial number(red on this one while others are blue); background color(the 1916 series got a reddish background) ; and the signatures printed in the note.

There is a smaller text found just above the portrait of McKinley that reads:

ISSUE AUTHORIZED MARCH 24, 1937, UNDER THE PROVISIONS OF ACT NUMBERED 2612 OF THE PHILIPPINE LEGISLATURE, AS AMENDED.

This note got scattered stains on both side and some tears in the upper part of the note. Despite the looks of that, the paper is still firm and the details can be clearly depicted.

The small text found at the back of the note (seen at the lower border) which is hardly readable says:

THIS NOTE IS RECEIVABLE BY THE COMMONWEALTH OF THE PHILIPPINES IN PAYMENT OF ALL TAXES, DUES, OR OTHER CLAIMS DUE OR OWING TO SAID GOVERNMENT AND IS EXEMPT FROM ALL TAXES

Another thing that I've noticed, is that there is even a smaller text telling that the note was made by the: UNITED STATES BUREAU OF ENGRAVING AND PRINTING

This is sort of unusual since the other five peso notes doesn't have such text that tells where they are made. I'll edit the other posts as to give info on the smaller text found. I hope that would add an interesting detail about this note.