Section 1
SECTION 1. There is hereby granted and conceded to the Luzon Stevedoring Co., Inc., its successors or assigns, the right and privilege of constructing, installing, establishing and operating in the Philippines and at such places as the said company may select, subject to the approval of the Department Secretary under whose jurisdiction the Radio Control Division is functioning, or any competent authority who is or shall be authorized now or in the future, to give said approval, such private fixed point-to-point and private coastal radio stations for the reception and transmission of wireless messages on radiotelegraphy or radio-telephony, each station to consist of two radio apparatus comprising of a receiving and sending radio apparatus.