SECTION 1. For the purpose of acquiring, organizing, and making an exhibit of the products, manufactures, arts, ethnology, education, and customs and habits of the country, the Governor-General, with the advice and consent of the Commission, shall appoint a board to be known as "Philippine Board of the Panama-Pacific International Exposition," hereinafter designated the Board, and to consist of three members, one of whom shall be designated in his appointment as president. The president of the Board shall receive an annual salary of ten thousand pesos Philippine currency, and the other members an annual salary of eight thousand pesos Philippine currency each. The Board shall have a secretary appointed by the Governor-General, with the advice and consent of the Commission, who shall receive an annual salary of eight thousand pesos Philippine currency. On recommendation of the Board, and with the approval of the Governor-General, one of the members of said Board shall be designated as Director-General and shall receive additional compensation at the rate of two thousand pesos Philippine currency per annum. Any two members of the Board shall constitute a quorum.
The Board shall have an office in the city of Manila, for which purpose the Governor-General shall assign to it one of the buildings available, and shall adopt rules for its meetings and the transaction of its business.