Section 2
SEC. 2. Section two of Act Numbered Twenty-nine hundred and fifty-seven is hereby amended to read as follows: "SEC. 2. The Board on Textbooks shall be composed of five members, to be appointed by the Governor-General with the advice and consent of the Philippine Senate. The members of the Board shall hold office for a period of six years, and shall serve without compensation. In making the appointment of the first Board, one member shall be appointed for a period of two years; two members for a period of four years, and two members for a period of six years. Every two years the Board shall select a Chairman from among its members. "All members of said Board shall be citizens of the Philippine Islands or of the United States. "It shall be unlawful for the Board to consider for adoption or to adopt any treatise, textbook, or manuscript in whose authorship, editorship, or preparation a member of the Board may have direct or indirect interest. It shall likewise be unlawful for any member of the Board, during the period of his incumbency, to own, directly or indirectly, any interest whatsoever in any firm, partnership, or corporation publishing or dealing in school textbooks."