Section 2
SEC. 2. The Governor-General is further authorized to sell said bonds upon such terms and conditions as may be Most advantageous to the Province of Camarines Sur and the municipalities herein mentioned, or to assign 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 four of this Act, and to deposit the proceeds of said sale or assignment in an authorized depository of the Government of the Philippine Islands. The proceeds of the sale or assignment to the Insular Government of said bonds shall be applied by the Insular Treasurer to the payment of the outstanding indebtedness of the province and municipalities herein mentioned to the Insular Government, and the balance shall be credited to the "Public Works Bond Issue Fund of the Province and four municipalities of Camarines Sur," and be withdrawn only for the purposes set forth in this Act.