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REPUBLIC ACT NO. 3703 - AN ACT
APPROVING ANY MORTGAGE, LEASE, ASSIGNMENT OR TRANSFER OF THE FRANCHISE
GRANTED TO FRANCISCO VILLONGCO BY REPUBLIC ACT NUMBERED THIRTY-TWO
HUNDRED FIVE TO ANY GOVERNMENT BANK OR CORPORATION
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Section
1. Subject to the provisions of Republic Act Numbered
Thirty-Two Hundred Five, entitled "An Act granting Francisco Villongco
a franchise to construct, operate and maintain an ice plant and cold
storage in the Municipality of Navotas, Province of Rizal, and to sell
ice and to supply cold storage therein," approval is hereby given to
any mortgage, lease, assignment or transfer of the franchise granted to
Francisco Villongco, under the said Act, together with all the
properties and equipment acquired thereunder, in favor of any
government bank or corporation.
Sec. 2. This Act shall take effect upon its approval. Approved: June 22, 1963 |
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