SECTION 1. Section one of Act Numbered Thirty-three hundred and twenty-seven is hereby amended to read as follows:
"SECTION 1. The Director of Lands is hereby authorized to assign to private surveyors such cadastral surveys as may have been ordered by the Governor-General, whenever such measure is required for the prompt adjudication of the titles to said land: Provided, however, That before making such assignment, the Director of Lands shall satisfy himself:
"(a) That such private surveyors have incorporated under Act Numbered Fourteen hundred and fifty-nine and that or the board of directors of such corporations there are at least three private surveyors who have practised for an uninterrupted period of five years prior to the making of such assignment, one of whom is qualified deputy cadastral land surveyor, competent and able to conduct and carry out a cadastral survey under this Act, in accordance with the rules, technical requirements, and standards of the Bureau of Lands: Provided, That it shall not be necessary for the purposes of this Act that all the members of the board of directors, other officers and stockholders of the corporation be private surveyors.
"(b) That said corporation of private surveyors has filed with the municipal council the proper cadastral project, together with the amount, conditions and terms of payment of their fees, and that the same has been sanctioned and approved by said municipal council and by the provincial board concerned, and endorsed to the Governor-General, through the Director of Lands, recommending the project as reasonable and the amount, conditions, and terms of payment of the fees as equitable: Provided, however, That in case of a cadastral survey previously requested by we municipal council under Act Numbered Twenty-two hundred and fifty-nine and authorized by the Governor-General prior the approval of this Act, the approval of the Director of Lands of the amount, conditions, and terms of payment of the fees contained in such cadastral project, submitted to the Director of Lands by a corporation of private surveyors, shall be sufficient in order that said Director of Lands may make the assignment of such cadastral survey requested prior to this Act: Provided, further, at upon the verification and approval by the Director of panels of the computations and plans of all lots comprised in the cadastral proceedings, and upon written notice by the corporation concerned to the Director of Lands that said corporation will thereafter cease to engage in, and will not accept any assignment of, cadastral surveys, the Bureau of Lands may, if it see fit, take charge of all work thereafter required for the completion of the proceedings, as if the surveys had been made by said bureau.
"(c) That said corporation of private surveyors has given a bond satisfactory to the Director of Lands, in an amount representing not less than ten per centum of the estimated cost of the cadastral project to be made under this Act, to guarantee the faithful execution of the work by such corporation and to cover the cost of any correction work that may have to be done by the Bureau of Lands."