Obverse
Denomination "Iloilo Transportation" "La Paz" ""
Reverse
Blank
Note
Iloilo Transportation Co. was located at Blumentritt Street, Iloilo City. It advertised itself as having double-deck buses with radio music. Its double-deck and single-deck steel blue buses maintained regular schedules, covering the areas of Jaro, La Paz, Iloilo City, Molo, Mandurriao, and Arevalo.
Remarks
is not the date of issue. La Paz was established in as one of the barrios of the town of Jaro, named Bagong Banera. It was only in that it was separated from Jaro and established as a pueblo (town) named Lobo. It was later renamed to La Paz, which translates from Spanish as "peace" and is derived from its patron saint, Nuestra Señora de la Paz y Buen Viaje in Spanish; in English, Our Lady of Peace and Good Voyage.