Section 11
SEC. 11. There shall be a Treasurer of the Islands, to be appointed in the same manner as the Auditor, who shall be Director of the Bureau of the Treasury. The Treasurer of the Islands shall receive and safely keep all moneys arising from the revenues and receipts of the islands from whatever source derived, including cash and depositary funds of whatever nature, and shall keep proper accounts thereof in permanent books of record, and shall disburse the same only on warrants, countersigned by the Auditor or his designated subordinate, or otherwise in accordance with law, and lie shall be held responsible for indorsements upon such warrants except as hereinafter provided: Provided, That depositary funds shall be disbursed upon the official check of the officer or agent in whose mime such funds were deposited. The official title of the Treasurer to be affixed to his official signature shall be "Treasurer of the Philippine islands:" Provided, That for the sake of brevity the words "Treasurer" and "Assistant Treasurer" may be used where the full title of the office otherwise appears on the document or paper requiring signature and that as a distinctive title the words "Insular Treasurer" may be used.