Section 1
SECTION 1. Juan Bautista Fernandez, of the municipality of Cebu, Province of Cebu, his successors and assigns, is hereby granted a license to construct, operate, and maintain a slipway or marine railway for the period of fifty years, consisting of one or more slips, in that portion of the waters lying between the Island of Cebu and the Island of Alactan which constitutes the water front of a tract of land owned by the said Juan Bautista Fernandez in the barrio of Canghana, in the municipality of Opon, in the Province of Cebu.