SEC. 2. Section one of the same Act is hereby amended to read as follows:
"SECTION 1. Subject to the conditions imposed by this Act, there is granted to Pio Romeo Garcia, his successors or assigns, for a period of twenty-five years after the approval of this Act, the right, privilege and authority to construct, maintain and operate ice plants and cold storage in the cities of Pasay, Caloocan, Manila, and Quezon and in the provinces of Rizal, Laguna, Batangas and Quezon, for the purpose of manufacturing ice and furnishing cold storage, and to sell and distribute the ice so manufactured and render cold storage service and facilities in the said cities and provinces, and to collect a schedule of rates, prices and charges for the ice so manufactured, distributed and sold, and for the cold storage service furnished which schedule of rates, prices and charges shall at all times be subject to regulation by the Public Service Commission."