Section 8
SEC. 8. Within six months from and after this Act takes effect, the grantee shall file with the Governor-General his acceptance in writing of this franchise and of all the conditions thereof, together with an abandonment and transfer to the Government of the Philippine Islands of the leasehold right in three hundred and thirty-four thousand eight hundred and seventy-two (334,872) square meters of tide-lands, now held by a corporation known as The Mindoro Company under a contract executed on the thirtieth day of April, nineteen hundred and eleven, by the Director of Lands, with the approval of the Secretary of the Interior, with one Edward L. Poole, by virtue of which contract the Government of the Philippne Islands granted to the said Edward L. Poole a ninety-nine year lease of three hundred and eighty-four thousand eight hundred and seventy-two (384,872) square meters of tide-lands situated on the shores of Mangarin Bay and Mindoro Strait, in the- township of San Jose, Province of Mindoro, which said lease, by means of due and legal assignment, has become the property of said The Mindoro Company. The acceptance of the abandonment of said lease, in whole or in part, shall be optional with the Governor-General.