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PHILIPPINE LAWS, STATUTES & CODES
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REPUBLIC ACT NO. 791 - AN ACT
GRANTING MRS. LUCIA D. ULANGKAYA A FRANCHISE FOR AN ELECTRIC LIGHT,
HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF DULAWAN, PROVINCE OF
COTABATO |
Section 1.
Subject to the terms and conditions established in Act Numbered
Thirty-six hundred and thirty-six, as amended by Commonwealth Act
Numbered One hundred and thirty-two, and to the provisions of the
Constitution, there is granted to Mrs. Lucia D. Ulangkaya, for a period
of twenty-five years from the 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
distributing electric light, heat, and/or power for sale within the
Municipality of Dulawan, Province of Cotabato.
Sec. 2. It is expressly provided that in the event the Government should desire to maintain and operate for itself the system and enterprise herein authorized, the grantee shall surrender her franchise and will turn over to the Government all serviceable equipment therein, at cost, less reasonable depreciation. Sec. 3. This Act shall take effect upon its
approval. Approved: June 21, 1952 |
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