Section 14
SEC. 14. This franchise is hereby granted with the understanding and upon the condition that it shall be subject in all respects to the limitations upon corporations and the granting of franchises contained in the Act of Congress approved August twenty-ninth, nineteen hundred and sixteen, entitled "An Act to declare the purpose of the people of the United States as to the future political status of the people of the Philippine Islands, and to provide a more autonomous government for those Islands."