Section 2
SEC. 2. The money appropriated by section one hereof shall be , paid to the treasurer of the Province of Albay upon the production by him to the Treasurer of the Philippine Islands of a certified copy of a resolution by the provincial board of said province accepting said loan and agreeing to repay the same, without interest, in four equal annual installments, eight thousand seven hundred and fifty pesos within one year from the date of the acceptance of the loan by the provincial board of Albay, and eight thousand seven hundred and fifty pesos each year thereafter until the total amount of said loan has been paid.