SEC. 2. The judge of a Court of First Instance of each province may appoint guardians for the persons and estates or either of them, of wards who are inhabitants or residents of the province or who reside without the Philippine Islands and have estates within the province. When the whole or part of the estate under guardianship is derived from the Veterans Administration, the Manila Branch of that organization may petition the court that such an appoint be made and it is hereby authorized to ask that it be represented by the Bureau of Justice in all court proceedings involving such guardianship.
Before the appointment of such a guardian takes effect, the judge must require of such guardian a bond to the ward in an amount not less than the sum then due and estimated to be payable by the said Veterans Administration during the ensuing year.