Section 2
SEC. 2. Whereas the representative of the Government in the negotiations for the consummation of the purchase of the stock of the Manila Railroad Company has made a provisional agreement, subject to approval by the Philippine Legislature, to the effect that the railroad company may deposit four per cent bonds at par and accrued interest in lieu of cash, for the sinking fund, and that the Government may lend to the railroad company four per cent bonds at par and accrued interest in lieu of cash, in order to maintain such sinking fund, and that excess or additional payments may be made to the sinking fund in the same manner, and as this provisional agreement is materially to the advantage of both the Government and the Manila Railroad Company, the same is hereby ratified and confirmed.