Legal Authority and Recommendation
- The reservation is made under the authority vested in the President of the Philippines by law.
- The action is based on a recommendation from the Secretary of Agriculture and Natural Resources.
Effects on Property Rights
- The property is excluded from being sold or settled, effectively removing it from private acquisition.
- However, existing private rights on the property, if any, are acknowledged and subject to retention.
Formalization and Execution
- The proclamation is formally issued and signed by the President of the Philippines.
- The document bears the seal of the Republic of the Philippines to validate the reservation.
- The Executive Secretary countersigns the proclamation to affirm administrative acknowledgement and implementation.
Date and Historical Context
- The reservation took place on July 10, 1954.
- The date is noted in relation to the ninth year of the Philippines' independence, emphasizing its historical significance.