matching positional nodes

Hi Everyone, thanks in advance for the help.

I am translating from xml to xml.

Original (just a snippet)

<section><bold>1</bold>This is a section with <bold>text</bold></section>

What I need

<section>
  <sectionnumber>1</sectionnumber>
  <sectiontext>This is a section with <bold>text</bold></sectiontext>
</section>

What I've tried

<xsl:template match="section">
   <section>
    <sectionnumber><xsl:apply-templates select="BOLD[1]"/></sectionnumber>
    <sectiontext><xsl:apply-templates
select="*[not(BOLD[1])]"/></sectiontext>
  </section>
</xsl:template>

So far what I'm getting as output is

<section>
<sectionnumber>1</sectionnumber>
<sectiontext>1text</sectiontext>
</section>

Pretty close but not quite there. Anyone have any ideas on that
apply-template select?

Thanks a lot,

Spencer