Section 5
SEC. 5. Section sixteen of the same Act is hereby amended to read as follows:"SEC. 16. The grantee or its successors may install maintain, operate, purchase, lease, or manage such telephone stations, lines, cable or telephone communication systems, as is or are, convenient or necessary, to carry out the purpose of this franchise and for that purpose the grantee or its successors for the duration of this franchise, is hereby authorized to acquire, own, operate and manage by management contract, purchase, merger consolidation, exchange of its shares of stock, telephone systems now owned or may hereafter be owned by private persons, firms, corporations, or partnerships, provinces cities, municipalities and government-owned or controlled corporations which are all hereby given full power and authority to do and perform any and all acts to effect the authorized management, purchase, consolidation, merger, exchange of shares of stock or other means of acquisitions of the telephone systems respectively owned or operated by them by the grantee under such terms and conditions as they and the grantee may mutually agree upon: Provided, however, That the grantee, its successors or assigns, shall not, without the permission of the Public Service Commission first had, install, maintain, operate and purchase or lease such stations, lines, cables or systems."