AN ACT GRANTING PHILIPPINE PRESIDENT LINES, INC., A CORPORATION ENGAGED EXCLUSIVELY IN THE OVERSEAS SHIPPING BUSINESS, A TEMPORARY PERMIT TO CONSTRUCT, ESTABLISH, MAINTAIN AND OPERATE PRIVATE FIXED POINT-TO-POINT AND PRIVATE COASTAL RADIO STATIONS, MOBILE LAND, SEA AND AIR RADIO STATIONS FOR THE RECEPTION AND TRANSMISSION OF RADIO COMMUNICATIONS WITHIN THE PHILIPPINES.