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PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
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REPUBLIC ACT NO. 5861 - AN
ACT GRANTING ARCEGA'S DEPARTMENT STORES A FRANCHISE TO CONSTRUCT,
OPERATE AND MAINTAIN PRIVATE FIXED POINT-TO-POINT AND LAND-BASED AND
LAND-MOBILE RADIO STATIONS FOR THE RECEPTION AND TRANSMISSION OF RADIO
COMMUNICATIONS WITHIN THE PHILIPPINES Section 1. There is hereby granted to the Arcega's Department Stores, its successors or assigns, a franchise to construct, operate and maintain in the Philippines, at such places as the said grantee may select, subject to the approval of the Secretary of Public Works and Communications, private fixed point-to-point and land-based and land-mobile radio stations, for the reception and transmission of wireless messages on radiotelegraph or radiotelephone, or both, each station to be provided with a radio transmitting and a radio receiving apparatus. Sec. 2. This franchise shall continue to be in force during the time that the Government has not established a similar service at the places selected by the grantee, and is granted upon the express condition that the same shall be void unless the construction of at least one of said stations be begun within one year from the date of approval of this Act and be completed within two years from said date. Sec. 3. The grantee shall not engage in domestic business of telecommunications in the Philippines without further special assent of the Congress of the Philippines, it being understood that the purpose of this franchise is to secure to the grantee the right to construct, establish, operate and maintain private fixed point-to-point and land-based and land-mobile radio stations in such places within the Philippines as the interest of the grantee and of its trade and business may justify. Sec. 4. No fees shall be charged by the grantee as the radio stations that may be established by virtue of this Act shall engage in communications regarding the grantee's business only. Sec. 5. The grantee shall so construct and operate its radio stations as not to interfere with the operation of other stations maintained and operated in the Philippines. Sec. 6. The grantee shall hold the national, provincial, city and municipal governments of the Philippines free from all claims, accounts, demands, or actions arising out of accidents or injuries, whether to property or to persons, caused by the construction or operation of its radio stations. Sec. 7. The grantee shall be subject to the corporation laws of the Philippines now existing or which may hereafter be enacted. Sec. 8. The grantee is authorized to operate its private fixed point-to-point and land-based and land-mobile radio stations in the medium frequency, high frequency, and very high frequency that may be assigned to it by the Secretary of Public Works and Communications. Sec. 9. The grantee shall not lease, transfer,
grant the usufruct of, sell or assign this franchise or the rights or
privileges acquired thereunder to any person, firm, company,
corporation or other commercial or legal entity, nor merge with any
other person, firm, company, or corporation organized for the same
purpose, without the previous approval of the Congress of the
Philippines. Any corporations to which this franchise may be sold,
transferred, or assigned, shall be subject to the corporation laws of
the Philippines now existing or hereafter enacted, and any person,
firm, company, corporation or other commercial or legal entity to which
this franchise is sold, transferred, or assigned shall be subject to
all conditions, terms, restrictions and limitations of this franchise
as fully and completely and to the same extent as if the franchise had
been originally granted to the said person, firm, company, corporation
or other commercial or legal entity. Enacted without Executive
approval, June 21, 1969. |
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