Section 12
SEC. 12. This franchise is granted subject to the provisions of Act Three thousand one hundred eight, as amended, and with the understanding and upon the condition that it shall be subject to amendment, alteration, or repeal by the Congress of the United States as provided in section twenty-eight of 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," and that it shall be subject, in all respects, to the limitations upon corporations and the granting of franchises contained in said Act of Congress and in Acts of Congress supplemental thereto or amendatory thereof, including Public Act Numbered Eight hundred eighty-five of the Seventieth Congress of the United States, entitled "An Act to approve, ratify, and confirm an Act of the Philippine Legislature, entitled 'An Act amending the Corporation Law, Act Numbered One thousand four hundred and fifty-nine, as amended, and for other purposes,' enacted November eight, nineteen hundred and twenty-eight, approved by the Governor-General of the Philippine Islands December three, nineteen hundred and twenty-eight" and also subject to the provisions of Act Fourteen hundred fifty-nine of the Philippine Legislature, as amended.