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REPUBLIC ACT NO. 4610 - AN ACT
GRANTING PABLO R. HALILI,. InC., A FRANCHISE FOR AN ELECTRIC LIGHT,
HEAT AND POWER SYSTEM IN THE MUNICIPALITIES OF PAOMBONG AND HAGONOY,
PROVINCE OF BULACAN
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| SECTION
1. Subject to the provisions of the Constitution and
to the terms and conditions established in Act Numbered Thirty-six
hundred thirty-six, as amended by Commonwealth Act Numbered One hundred
thirty-two, there is granted to Pablo R. Halili, Inc., for a period of
twenty-five years from the date of 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/or
distributing electric light, heat and/or power for sale within the
municipalities of Paombong and Hagonoy, Province of Bulacan. SECTION 2. In the event that the grantee shall purchase and secure energy and power from the National Power Corporation, the latter is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates. SECTION 3. It is expressly provided that in the event the Government shall desire to maintain and operate for itself the system and enterprise herein authorized, the grantee shall surrender its franchise and will turn over to the Government all serviceable equipment therein, at cost, less reasonable depreciation. SECTION 4. This Act shall take effect upon its approval. Approved: June 19, 1965 |
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