Section 1
SECTION 1. Subject to the conditions imposed by this Act, there is hereby granted to Jose Tioleco, hereinafter referred to as the grantee, a franchise to construct, operate and maintain an ice plant and cold storage in the Municipality of Lubao in the Province of Pampanga, and to charge and collect a schedule of prices and rates for the ice and cold storage so furnished, which schedule of prices and rates shall at all times be subject to regulation by the Public Service Commission.