Section 1
SECTION 1. Subject to the conditions imposed in this Act, there is hereby granted to Tobias P. Marcelo, hereinafter referred to as the grantee, or his successors in interest, a franchise to construct, maintain and operate for public use an ice and cold storage plant or plants in the City of Manila and Province of Rizal, and to sell the produce of the ice plants in Rizal province and Manila. The rates which grantee shall charge for the ice he sells and the cold storage service he renders shall be subject to regulation by the Public Service Commission.