Section 1
Section 1. Subject to the terms and conditions established in the Act Numbered Thirty-six hundred and thirty-six, as amended by Commonwealth Act Numbered One hundred and thirty-two, and to the provisions of the Constitution, there is granted to the Tanauan Electric & Development Co., Inc., of the Tanauan, Batangas, for a period of twenty-five years from the approval of this Act, the right, privilege and authority to construct, maintain and operate an electric light, heat and power system for the purpose of generating and distributing electric light, heat and/or power for sale within the limits of the towns of Tanauan and Malvar, both in the Province of Batangas.