SECTION 1. The Pan American Airways Company is authorized to sell, lease, convey, grant, assign, or otherwise transfer its franchise and all property and rights acquired under Act Numbered Forty-two hundred and forty-nine, in favor of the Pan American Airways Incorporated, subject to all the conditions, terms, restrictions and limitations of said franchise.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationCA 644 Section 1 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).