Section 1
SECTION 1. Subject to the provisions of the Constitution and the provisions, not inconsistent herewith, of Act Numbered Three hundred and forty-six, entitled "An Act providing for the regulation of radio stations and radio communications in the Philippine Islands, and for other purposes;" Commonwealth Act Numbered One hundred forty-six, otherwise known as the Public Service Act, and their amendments, and other applicable laws, there is hereby granted to the Luzon Broadcasting Co., Inc., its successors or assigns, and hereunder referred to as the "grantee," the right and privilege of constructing, installing, establishing and operating in the Philippines, at such places as the grantee may select and the Secretary of Public Works and Communications may approve, radio stations for the reception and transmission of messages on radio stations in the domestic public fixed point-to-point and public base, aeronautical and land mobile stations, including coastal marine service with the corresponding relay stations for the reception and transmission of wireless messages on radiotelegraphy and/or radiotelephony, radioteletype, radiophoto, facsimile, and such other types of emissions or both with vessels at sea and aircraft in the air without or within the Philippines.