Section 12
SEC. 12. The Insular Auditor shall fix the amount for which the of various positions contemplated in this Act shall be bonded. The Auditor shall determine the exact amount of losses, shortages, and defalcations which may be found in the accounts of any bonded officers, employees, or agents, whether of money or property, the amount to be paid in order to replace such losses, shortages, or defalcations, and the account or accounts of the Bureau, Office, province, or municipality to which such sums shall be paid from the fidelity-bond premium fund. When the Auditor has determined such amount ho shall certify the same to the Insular Treasurer, who shall thereupon issue a warrant therefor.