Section 2
SEC. 2. The municipal elections for the new municipalities of Masantol and San Simon shall be held on the first Tuesday after the first Monday in November, nineteen hundred and seven, and in accordance with the provisions of The Election Law relative to elections in new municipalities. Until the officials elected for the new municipalities of Masantol and San Simon, as described in section one of this Act, shall have qualified, the present organization of the municipalities of Macabebe and San Luis shall continue: Provided, That the distribution of funds in the municipal treasuries of Macabebo and San Luis resulting from the separation from said municipalities of the municipalities of Masantol and San Simon, hereby constituted, shall be made as of the date of the passage of this Act and in accordance with the provisions of Act Numbered Seven hundred and twenty-six.