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REPUBLIC ACT NO. 4448 - AN ACT
AUTHORIZING REYNALDO LUMBER COMPANY TO SELL, TRANSFER, OR ASSIGN ITS
RIGHTS AND PRIVILEGES ACQUIRED UNDER REPUBLIC ACT NUMBERED SEVEN
HUNDRED NINETY-FOUR IN FAVOR OF CANTILAN LUMBER COMPANY
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| SECTION
1. Reynaldo Lumber Company is hereby authorized and
empowered to sell, transfer, or assign all the rights and privileges
acquired by it under Republic Act Numbered Seven hundred ninety-four,
entitled "An Act granting the Reynaldo Lumber Company, a temporary
permit to construct, install, establish and operate private fixed
point-to-point radio stations for the reception and transmission of
radio communications within the Philippines," in favor of Cantilan
Lumber Company, a corporation duly organized and registered under the
laws of the Philippines: provided, however, that the said vendee,
transferee, or assignee shall be subject to all the terms and
conditions, restrictions and limitations of the said permit as fully
and completely and to the same extent as if the said permit had been
originally granted to the said vendee, transferee or assignee. SECTION 2. This Act shall take effect upon its approval. Approved: June 19, 1965 |
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