Section 1
SECTION 1. There is hereby granted, to Independent Producers' Cooperative Marketing Association, Inc., its successors or assigns, a franchise to construct, install, operate and maintain in the Philippines, or at such places as the grantee may select subject to the approval of the Secretary of Public Works and Communications under whose jurisdiction the Radio Control Division is functioning or any competent authority who is or shall be authorized now or in the future, such private fixed point-to-point, private coastal and private land based radio stations and radio mobile units for the reception and transmission of wireless messages on radiotelegraphy or radiotelephony, each station to be provided with a radio transmitting apparatus and a radio receiving apparatus.