Republic Act No. 3260

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Any provision of law to the contrary notwithstanding, the JRS Business Corporation, a domestic corporation duly registered and existing under Philippine laws, is hereby granted a franchise to conduct a messenger and a delivery express service of messages and of packages and parcels, at regular intervals, special and/or emergency cases, through all hours of the day and night, for a period of fifty years from and after the approval of this Act: Provided, However, That the said corporation shall not receive or deliver matter described in Sections nineteen hundred fifty-four and nineteen hundred fifty-five of the Administrative Code, and any absolutely non-mailable matter received by it shall be forfeited to the Government, and any matter unmailable under Section nineteen hundred fifty-five of the said code received by it shall be returned when practicable to the person who deposited it but need not be delivered to the addressee: Provided, further, That any willful violation of the foregoing proviso by the said corporation shall be sufficient cause for the repeal of this franchise: And, Provided, finally, That the Postmaster General, under such rules as he may prescribe with the approval of the Secretary of Public Works and Communications, shall exercise supervision over said corporation for the purpose of preventing any violation of the foregoing provisos or the Postal Law and regulations.

Section 2

The grantee is hereby empowered to fix its service charges, subject to the approval of the Public Service Commission.

Section 3

The grantee, in addition to the taxes fixed and imposed by the Internal Revenue Code, shall likewise pay an additional annual tax of one per cent on its net profit, the proceeds of which shall accrue to the National Government.

Section 4

This franchise is granted subject to the condition that is shall be subject to amendment, alteration or repeal by the Congress of the Philippines when the public interest so requires and shall not be exclusive in character.

Section 5

The grantee shall file a bond in the sum of twenty-five thousand pesos to answer for any loss or damage that any customer or customers may suffer.

Section 6

This Act shall take effect upon its approval.

Approved: June 17, 1961.