Section 6
SEC. 6. Tn case of the commission of the offense prescribed in section five, it shall be the duty of the Treasurer forthwith, in writing, to inform the Attorney-General of the Islands of that I act. Upon receiving such written information from the Treasurer, it shall be the duty of the Attorney-General not only to institute a prosecution for the enforcement of the penalties provided in section five, but also to petition the Military Governor to forbid the bank so offending to continue to do a banking business in the Philippine Islands and to enforce the provisions of this Act. Upon receiving such petition, it shall be the duty of the Military Governor to investigate the facts set forth in said petition by heaving upon due notice to the bank, and if he finds them to be true, he may forthwith forbid the bank to continue to do a banking business in the Islands and direct the Treasurer to take charge of the assets of the bank, reduce the same to money, and pay its debts in the order following: Debts due the United States and the Government of the Philippine Islands, Debts due to all persons resident or doing business in the Philippine Islands, and All other debts; In a manner as near as may be to that provided for the liquidation of the affairs of a national bank by a receiver, under the national banking laws of the United States.