By authority of the United States, be it enacted by the Philippine Commission, that:
Whereas, in January, eighteen hundred and ninety-nine, the provincial government of the Province of Bohol collected a sum of money by taxation, for provincial purposes, of which sum seventeen thousand three hundred dollars, in Mexican currency, was unexpended at the time of the American occupancy of the Island of Bohol, and came into the hands of the commander, of the United States forces in that island, upon the occupancy thereof by the United States troops, which funds have been placed on deposit with Smith, Bell and Company, at four per cent interest, to hold for the benefit of the people of that province, the receipt for which deposited money is now held by Major T. C. Woodbury, of the Nineteenth Infantry, United States Army, commanding the United States troops in the Island of Bohol, and it is desired that the funds should be devoted to provincial uses:
Section 1. The treasurer of the Province of Bohol is hereby authorized to receive from T.C. Woodbury, Major, Nineteenth Infantry, United States Army, commanding United States forces in the Island of Bohol, or his successor, the sum of seventeen thousand three hundred dollars, Mexican currency, together with the accrued interest thereon, now on deposit with Smith, Bell and Company, and which was originally collected in the month of January, eighteen hundred and ninety-nine, by the provincial officers of the Island of Bohol, who were then exercising authority in that island, and to pay the same into the treasury of the present provincial government of Bohol. The funds so received and paid into the treasury shall be available for the general purposes of the government of the Province of Bohol, established under Act Numbered One hundred and seventeen, extending the provisions of the Provincial Government Act to the Province of Bohol. The treasurer of the Province of Bohol is hereby authorized, upon receiving the money aforesaid, to give proper vouchers therefor to Major Woodbury, and to Smith, Bell and Company, if necessary, and the receipt of the treasurer shall be a sufficient voucher to Major Woodbury, or his successor in command, for the disposition of said money.
Section 2. The provincial board of the Province of Bohol is hereby empowered to expend of the sum transferred to the treasurer of the province in the foregoing section, ten thousand dollars for general education purposes in the province, subject to the approval and under the supervision of the General Superintendent of Public Instruction of the Islands.
Section 3. The public good requiring the speedy enactment of this Act, the passage of the same is hereby expedited in accordance with section two of “An Act prescribing the order of procedure by the Commission in the enactment of laws,” passed September twenty-sixth, nineteen hundred.
Section 4. This Act shall take effect on its passage.