A carrier engaged in conveying dutiable merchandise in bond from a port of importation to other ports shall give security in the nature of a general transportation bond, in a sum not less t han ten thousand pesos, conditioned that the principal shall transport and deliver without delay, and in accordance with law and regulation, to the collector of customs at the port of destination all merchandise in bond delivered to such carrier and that all  proper charges and expenses incurred by the customs authorities or at their instance by reason of such shipments shall be duly paid. [355-245; Cooley's Blackstone, p. 240.] SECTION  1368 . Manifests for Transit Cargo . — When transit cargo from a foreign port or other local ports is forwarded from the port of importation, separate manifests, in triplicate, shall be presented by each carrier. [355-246; Cooley's Blackstone, p. 241.] SECTION  1369 . Bay and River License . — Annual licenses authorizing vessels to engage in the business of towing or carrying merchandise or passengers in the bays, harbors, rivers, and inland waters navigable from the sea shall be issued by the collectors of  the various ports of entry under the conditions hereinbelow prescribed; and except as otherwise expressly provided, no vessel shall be permitted to engage in this character of business until the proper license therefor has been procured. A bay and river license shall specify the particular port or other body of water in which the vessel in question may engage in business as aforesaid. [1136-1, 2; 1387-2.] SECTION  1370 . Vessels Eligible for Bay and River License . — To be eligible for the bay and river license, a vessel must be built in the Philippine Islands or in the United States, and the ownership of such vessel must be vested in some one or more of the f ollowing classes of persons: ( a ) Citizens of the United States; ( b ) Citizens or residents of the Philippine Islands; ( c ) Domestic corporations or companies; (d) Foreign corporations or companies lawfully engaged in business in the Philippine Islands. Vessels actually engaged in the bay and river business in any port of the Philippine Islands on the twenty-ninth day of April nineteen hundred and eight, may be licensed in the future for the same business, regardless of ownership or place of construction,  subject in other respects to the same regulations and conditions as other vessels. Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 402