Section 1
SECTION 1. Whenever any worn-out or mutilated circulating notes issued by the Treasurer of the United States, or by any banking association in the United States organized under the "National Rank Act" of the United States, shall come into the Treasury of the Philippine Islands, it shall be the duty of the Insular Treasurer to withhold such notes from deposit in banks or further circulation in the Philippine Islands, and to cause them to be transmitted in convenient sums to the disbursing agent of the Government of the Philippine Islands resident in Washington, appointed by virtue of Act Numbered One hundred and twenty-nine, with directions to such agent to cause the redemption of such circulating notes by the United States Treasury, and to obtain in place thereof notes fit for use in accordance with law, and to pass the sums so remitted to the credit of the Insular Government in addition to the sum in his hands by virtue of said Act Numbered One hundred and twenty-nine, or by virtue of any further appropriations that may be made for the purposes specified in Act Numbered One hundred and twenty-nine. Upon the transmission of any sum to the disbursing agent at Washington, in compliance with the provisions of this Act, it shall be the duty of the Treasurer forthwith to notify the Commission of the sum transmitted, and the date thereof, to enable the Commission to pass the proper appropriation bill appropriating the money so transmitted for the use of the disbursing agent at Washington.