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| REPUBLIC ACT NO. 2965 - AN ACT
GRANTING THE MUNICIPALITY OF TORRIJOS, PROVINCE OF MARINDUQUE, A
FRANCHISE FOR AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM |
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Section
1. Subject to the terms and conditions established in
Act Numbered Thirty-six hundred thirty-six, as amended by Commonwealth
Act Numbered One hundred thirty-two, and to the provisions of the
Constitution, there is granted to the Municipality of Torrijos,
Province of Marinduque, for a period of fifty years from the approval
of this Act, the right, privilege and authority to construct, maintain
and operate an electric light, heat and power system for the purpose of
generating and distributing electric light, heat and/or power for sale
within the limits of the said municipality. Section 2. In the event that the grantee shall purchase and secure from the National Power Corporation electric heat and power, the National Power Corporation is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates. Section 3. This Act shall take effect upon its approval. Enacted without Executive approval, June 19, 1960. |
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