CULION Paper Money S244a

S244
50 CENTAVOS
1942. Serial # 1 to 16,000

a.  Issued Note
Good: $40.00
Fine: $70.00
XF: $100.00



 

 

 

 

CULION Paper Money S243

S243
20 CENTAVOS
1942. Serial # 1 to 16,800

Good: $40.00
Fine: $70.00
XF: $100.00

 

 

 

 

CULION Paper Money S241

S244
1CENTAVO
1942. Serial # 1 to 20,800

Good: $30.00
Fine: $55.00
XF: $75.00

CULION LEPER COLONY

The Culion Leper colony was administered by the Commonwealth Bureau of Health. Normal monthly expenditure was about 25,000 pesos, most of which was obtained directly from Manila. The outbreak of the war effectively severed source of supply.

Funds on hand were nearly exhausted in meeting the December 1941 payroll. The special Culion coinage was reissued, but was only a stop-gap measure. In late January 1942, at a public meeting, a proposal was adopted to issue local scrip. A Currency Committee was formed consisting of Dr. H. W. Wade, Medical Director of the Leonard Wood Memorial, as Chairman, with Acting Chief Pathologist Jose O. Nolasco and Disbursing Officer Julio Lisboa as Members.

The scrip was mimeographed on pink paper for centavo denominations and blue paper for peso denominations. The Bureau of Health stamping was applied on the back in blue. Notes were dipped in paraffin for durability.

Even so, the scrip was accepted with reluctance. and an appeal was made to President Quezon who telegraphed on February 9, 1942 IF NECESSARY FOR PAYMENT OF SALARIES AND OTHER EXPENSES, THESE NOTES WILL BE REDEEMED BY GOVERNMENT LATER.

A total of 144,485 pesos was printed, but only 92,130 pesos placed in circulation. When Japanese military scrip arrived at the end of July 1942 , use of Culion scrip was officially prohibited.


1942 FIRST ISSUE

# S241-S247 w/o typed Presidential authority on back.


1942 SECOND ISSUE

# S251-S253 w/ typed Presidential authority on back.






From: Catalogue

CEBU Guerilla paper Money S224

S224
TWENTY PESOS

1942. Black on orange unpt.  Serial # 1 to 41,000

Most probably
c, Facsimile sign, of all 3 Board Members

Good: $2.00
Fine: $4.00
XF: $8.00

CEBU EMERGENCY CURRENCY BOARD

TREASURY EMERGENCY CURRENCY CERTIFICATES

 

From February 20-22, 1942 a Conference of Provincial Treasurers convened by President Quezon was held at Bacolod, Negros Occidental. Concern was expressed that the multiplicity of emergency currency was creating confusion and distrust. A Resolution was adopted which called for creation of a single Currency Board to print emergency currency for all the provinces of the Visayan islands and Mindanao.

As a result of this Resolution, the Cebu Emergency Currency Board was created by President Quezon in a telegram dated March 1, which designated Acting Provincial Auditor Roman T, del Bando as Chairman, with Acting Provincial Treasurer Pedro Elizalde and Cebu City Treasurer Rosalio D, Macrohon as Members. Twenty million pesos was authorized instructions specified that all notes were to be countersigned by each Board Member.

Printing of 20 Pesos notes got underway as soon as plates could be prepared, followed by the 10, 5 and 2 Pesos denominations. Centavo notes were planned but never got past the design stage. Some of the first 20 Pesos notes were issued countersigned in pen, but the enormous amount of work involved necessitated use of facsimile signature stamps which could be applied by each Member's representative.

Printing was brought to a halt with the Japanese invasion of Cebu during the early morning hours of April 10, 1942. Until then no 2 Pesos notes had been completely printed. None of the 5 Pesos notes had been countersigned, and many of the 10 and 20 Pesos also lacked countersignatures. Of the 3,850,000 pesos printed, only 865,000 pesos were issued.

That same morning as the Japanese rapidly approached, the Currency Board began destroying the unissued currency. Notes were piled behind the  capital building, gasoline poured over them. and they were then set afire.

At the last minute, however, 19,500 pesos were set aside for use by the Cebu Provincial Government. This consisted of 500 notes each of the 5, 10 and 20 Pesos denominations, each serially numbered 1-500, plus 200 10 Pesos notes serially numbered 30,601 to 30,800.

The 5 and 10 Pesos notes numbered 1-500 had not been countersigned, and thus became the only notes officially issued without countersignatures.

As soon as the fire was blazing, the Board Members hastily departed, leaving behind the Constabulary soldiers guarding the burning notes. As soon as the officials left, the soldiers followed suit. Before the Japanese arrived, spectators to the scene scattered the fire and retrieved bundles of currency which were not burned at all. or had only the outer edges singed, Thousands of pesos thus reached circulation illegally.



1942 SERIES - OFFICIAL ISSUE
# S221-222 no countersign. on back

(S 221 - S224)


1942 ILLEGAL ISSUE

(S226 -S228)




From: Catalogue