Section 1
SECTION 1. The public works bonds sinking fund created by Act Numbered Seventeen hundred and twenty-nine shall be adjusted annually in such manner that the amount thereof on each anniversary of the issue of the bonds authorized by Acts Numbered One thousand three hundred and one, One thousand four hundred and forty-four, and One thousand nine hundred and fifty-four shall equal the amount of an annuity of nineteen thousand three hundred and seventy-one pesos and thirty-three centavos for each million pesos of bonds outstanding, with interest at the rate of three and one-half per centum per annum, counting from the date of issue of said bonds.