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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.
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REPUBLIC ACT NO. 2340 - AN ACT
APPROVING THE TRANSFER OF THE FRANCHISE AND ALL PROPERTY AND RIGHTS OF
ESCUDERO ELECTRIC SERVICE COMPANY TO MANILA ELECTRIC COMPANY, AND FOR
OTHER PURPOSES |
Section 1.
The transfer and assignment to Manila Electric
company of the franchise and all property and rights by the Escudero
Electric Service Company under the franchise granted it by Act Numbered
Thirty-six hundred forty-eight of the Philippine Legislature, together
with the right to install, operate and maintain an electric light, heat
and power system in the City of San Pablo, and in the municipalities of
Alaminos, Province of Laguna, and Dolores and Tiaong, Province of
Quezon, Philippines, is hereby approved: Provided, That the schedule of
rates in the City of Manila of the Manila Electric Company shall be
applied at all times in the area covered by legislative or Public
Service Commission franchises of the Escudero Electric Service Company;
that the pre-war lines of the Escudero Electric Service Company which
were destroyed, shall be rehabilitated and reconstructed by the Manila
Electric Company within one year from the date of the approval of this
Act; and that the lines to other barrios within the area of said
franchises shall likewise be extended as public service demands and
warrants as soon as possible.
Sec. 2. From and after the approval of this Act, whenever and wherever in Act Numbered Thirty-six hundred forty-eight of the Philippine Legislature the name Escudero Electric Service Company is mentioned, it shall be changed to and shall henceforth be understood to mean the Manila Electric Company.cralaw
Sec. 3. This Act shall take effect upon its
approval.cralaw Approved: June 20, 1959 |
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