Republic Act No. 3260

: The JRS Business Corporation, a domestic corporation duly registered and existing under Philippine laws, is granted the franchise.
: The law authorizes JRS Business Corporation to conduct a messenger and delivery express service of messages and packages or parcels.
: The franchise is granted for a period of fifty years from and after the approval of the Act.
: Yes, the corporation shall not receive or deliver matter described in Sections 1954 and 1955 of the Administrative Code, including any absolutely non-mailable matter which shall be forfeited to the Government, and any unmailable matter under Section 1955 which shall be returned to the depositor when practicable.
: Any willful violation of the prohibition on receiving or delivering non-mailable matters is sufficient cause for the repeal of the franchise.
: The Postmaster General exercises supervision over the corporation under rules prescribed with the approval of the Secretary of Public Works and Communications.
: Yes, but the service charges are subject to the approval of the Public Service Commission.
: The corporation must pay an additional annual tax of one percent on its net profit to the National Government.
: No, the franchise is not exclusive and may be amended, altered, or repealed by Congress when the public interest so requires.
: The corporation must file a bond in the sum of twenty-five thousand pesos to cover any loss or damage that customers may suffer.