Section 2
SEC. 2. The Governor-General is further authorized' to convey and transfer said bonds to the Government of the Philippine Islands for a consideration, charging the same to the net proceeds of the sale of the bonds of the Government of the Philippine Islands issued in an equivalent amount, as provided in section three of this Act, and to deposit the proceeds of said conveyance with an authorized depository of the Government of the Philippine Islands. The proceeds of the conveyance to the Insular Government of said bonds shall be applied by the Insular Treasurer to the payment of the outstanding indebtedness of the Province of Occidental Negros with the Insular Government, and the balance shall be credited to the "Public Works Bond Fund, Province of Occidental Negros" and be withdrawn only for the purposes set forth in this Act, by order of the Secretary of Finance.