Section 4
SEC. 4. The books, records and accounts of the grantee shall always be open to inspection by the Provincial Treasurer of Cebu or his authorized representatives, and it shall be the duty of the grantee to submit to the Provincial Treasurer quarterly reports in duplicate showing the gross receipts for passengers and freight for the quarter past and the general condition of the business, one copy of which shaft be forwarded by the Provincial Treasurer to the Auditor General, who shall keep the same on file.