SECTION 1. Act Numbered Thirty-two hundred and thirty-two, as amended by Act Numbered Thirty-four hundred and sixty-two, is hereby further amended to read as follows:
"SECTION 1. A high school is hereby established in the municipality of Tayabas, Province of Tayabas, Philippine Islands, which shall be known as Luis Palad High School. The expense of the establishment and maintenance of this school shall be paid out of the funds left by the late Luis Palad and any other funds which the Government or any of its dependencies or any other persons may donate.
"SEC. 2. The direction and technical supervision of this school shall be under the control of the Director of Education, as in the case of the other schools of the Government.
"SEC. 3. The curriculum for this school shall be prepared by the Director of Education, with the approval of the Secretary of Public Instruction. The Director of Education shall have authority to appoint the principal of said school and all teachers or instructors required in the same.
"SEC. 4. The Director of Education is hereby authorized to receive, in the name and behalf of the Government of the Philippine Islands, from the provincial governor of Tayabas, as trustee of the estate of Luis Palad, such sums as may be necessary for the proper operation of this school, the construction and upkeep of the permanent buildings necessary for carrying out the purpose of the same, and the purchase or acquisition of land whereon to erect such buildings."