Section 1
SECTION 1. Subject to the provisions of the Constitution and the provisions of Act Numbered Three thousand eight 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, known as the Public Service Act, and their amendments, and other applicable laws, there is hereby granted to Manuel E. Galvez, his heirs and successors in interest, hereinafter referred to as the "grantee", a franchise to establish, maintain and operate in the Philippines, at such places as the grantee may select and the Secretary of Public Works and Communications may approve circuits and/or stations for domestic telecommunications with the authority to receive and transmit messages, impressions, pictures, music, entertainment, alarms, advertising .and signals throughout the Philippines and including ships at sea, airplanes and other conveniences, by means of electricity, electro-magnetic waves or any other kind of energy, force, variations or impulses whether conveyed by wires, radiated through space or transmitted through any other medium, to supply facilities for such purposes and to charge and receive compensation therefor by tolls, rentals and charges.