Section 3
SEC. 3.All provincial funds in the provincial treasury of Romblon of whatever nature, on the date of the passage of this Act, and any other provincial funds which may be paid into the treasury of the province prior to the dale this Act takes effect, shall be expended in the liquidation of the outstanding indebtedness of the Province of Romblon and for the running expenses of the provincial government up to July fifteenth, nineteen hundred and seven. The net balance, if any, remaining in the provincial treasury on July fifteenth, nineteen hundred and seven, after all outstanding indebtedness has been paid, shall remain in the subtreasury of Romblon for the sole use and benefit of the subprovince. There shall accrue the treasury of the subprovince of Romblon, as constituted by this Act, for the sole use and benefit of the inhabitants thereof, seventy per centum of such proportion of internal revenue which by law accrues to the Province of Capiz as the number of inhabitants of such subprovince. as shown by the last official census, bears to the total population of the province of which it forms a part, as shown by the last official census.