Section 1
SECTION 1. Subject to the conditions imposed by this Act, there is granted to Pilar P. Maddela of Real, Quezon, hereinafter referred to as the grantee, her successors or assigns, for a period of twenty-five years from the approval of this Act, a franchise to construct, operate and maintain an ice plant and cold storage in the Municipality of Real, Province of Quezon, for the purpose of manufacturing and distributing ice therein and in the neighboring municipalities of Infanta, General Nakar, Polilio, Patnanungan, Panukulan, Burdeos and Jumalig, same province, and to charge a schedule of prices and rates for the ice so furnished, which schedule of prices and rates shall at all times be subject to regulation by the Public Service Commission.