Section 1
SECTION 1. Subject to the conditions imposed by this Act, there is granted to Amor S. Diaz, her successors or assigns, for a period of twenty-five years after the approval of this Act the right, privilege and authority to construct, maintain and operate an ice plant and cold storage with a capacity of one hundred twenty tons and ten thousand cubic meters, respectively, in Quezon City for the purpose of manufacturing ice blocks to be distributed and sold therein as well as in the cities of Manila, Pasay and Caloocan and in the municipalities of San Juan, Mandaluyong, Navotas, Malabon, Marikina, Makati and Paranaque, all in the Province of Rizal, and to charge and collect a schedule of rates and prices for the ice blocks so manufactured, distributed and sold, which schedule of rates and prices shall at all times be subject to regulation by the Public Service Commission.