Section 1
SECTION 1. The privilege of each fishery, and the right to operate and best bidder each fish- breeding ground, ferry, stable; market, and slaughterhouse belonging to any municipality or township in the Philippine Islands shall hereafter be let separately to the highest and best bidder annually or for such longer period, not exceeding five years, as may be previously approved by the provincial board of the province in which the municipality or township is located, unless otherwise directed by the Governor-General in the case of a municipality, or the Secretary of the Interior in the case of a township, and under conditions to be prescribed, respectively, by said officers. The right shall be reserved by the municipalities and townships to reject any or all bids, and the maximum charges, rents, or fees which may be exacted by the lessees of ferries, stables, markets, and slaughterhouses shall be fixed by the municipalities and townships in advance and be stated in all proposals for bids. The decision of any municipality or township rejecting any bid or bids or awarding any such privilege shall be subject to a final appeal to the provincial board : Provided, That in the case of a township the decision of the provincial board shall be subject to the approval of the Secretary of the Interior.