"Section 1.    There is hereby granted to the Clavecilla Radio System, hereinafter referred to as the 'grantee,' a franchise to construct, maintain and operate in the Philippines, at such places as the grantee may select, subject to the approval of the Secretary of Public Works and Communications, stations for international telecommunication, domestic telecommunications, and stations for broadcasting, including television."

"Section 3.    This grant and concession shall continue for a period of fifty years from the date the said stations shall be put in operation, and is made upon the express condition that the same shall be void unless the construction of at least one international telecommunication station be begun within six months from the date of the approval of the amendment to this Act and be completed within two years from said date." 

"Section 6.    A special right is reserved to the Government of the Republic of the Philippines, in time of war, insurrection, or domestic trouble, to take over and operate the said stations upon the order and direction of any authorized department of the Government of the Philippines, compensating the grantee of the use of said stations during the period when they shall be so operated by the said Government."