PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
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REPUBLIC ACT NO. 4534 - AN ACT
GRANTING JOPANE FERRY A FRANCHISE TO ESTABLISH, MAINTAIN AND OPERATE A
FERRY SERVICE FOR PASSENGER AND FREIGHT VEHICLES FROM ANY POINT IN THE
SUBPROVINCE OF CAMIGUIN TO THE MUNICIPALITY OF BALINGO-AN IN THE
PROVINCE OF MISAMIS ORIENTAL AND THE CITIES OF GINGOOG AND CAGAYAN DE
ORO AND VICE VERSA BETWEEN ANY OTHER FOCAL POINTS OF TRADE AND
TRANSSHIPMENT
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| Section
1. Subject to the conditions established in this Act
and the provisions of the Constitution and the Public Service Act,
there is granted to the Jopane Ferry for a period of twenty-five years
from the approval of this Act, the right, privilege and authority to
establish, maintain and operate a ferry service for passengers, freight
and vehicles from any point in the Subprovince of Camiguin to the
Municipality of Balingo-an in the Province of Misamis Oriental and the
cities of Gingoog and Cagayan de Oro and vice versa between any other
focal points of trade and TRANSSHIPMENT, and to establish a schedule of
rates therefor, which shall at all times be subject to regulation by
the Public Service Commission: provided, that this franchise shall be
null and void unless the grantee, within two years from the date of the
approval of this Act, files with the Public Service Commission its
acceptance of the terms and conditions stipulated in this Act. Sec. 2. Within two years after the acceptance of the franchise granted hereunder and in accordance with the conditions herein stipulated, the grantee shall put in operation an adequate and efficient ferry service between the municipalities and the islands mentioned in the preceding section. The ferryboats to be operated by the grantee and the equipment thereof must meet the requirements prescribed by the Public Service Commission, and the grantee, whenever the Public Service Commission, shall determine that public interest reasonably requires it, shall change or improve any of said ferryboats or the equipment thereof at its expense. Sec. 3. The grantee binds itself to provide in its ferryboats a suitable and adequate place for the mails and shall carry them in the manner stipulated between the Postmaster General and the said grantee, for such consideration as may be agreed upon between them, and in case of failure to arrive at an agreement as to the rate of compensation and the manner in which such mails shall be carried, the Public Service Commission shall fix the manner of, and compensating for, carrying said mails after hearing and considering the arguments of the Postmaster General and the grantee: provided, that in case the Government requires the transportation of troops, ammunition or funds for the public good, the grantee shall take the necessary steps to comply therewith and shall receive a reasonable compensation for such service. Sec. 4. The grantee shall be liable to pay the same taxes on its real property, buildings and personal property as other persons or corporations are now or hereafter may be required by law to pay. The grantee shall further be liable to pay all other taxes imposable under the National Internal Revenue Code by reason of this franchise. Sec. 5. The grantee may sell, lease, grant, convey, assign, give in usufruct, or transfer this franchise and all properties and rights acquired thereunder to any individual, co-partnership, private or quasi-public association, corporation or joint-stock company competent to operate the business hereby authorized, but transfer of title to the franchise or any right of ownership or interest acquired under such sale, lease, grant, conveyance, assignment, gift in usufruct, or transfer shall not be effective, even after such approval shall have been obtained, until there shall have been filed in the office of the Public Service Commission an agreement in writing by which the individual, co-partnership, private, public or quasi-public association, corporation or joint-stock company in whose favor such sale, lease, grant, conveyance, assignment, gift in usufruct or transfer is made, shall be firmly bound to comply with all the terms and conditions imposed upon the grantee by this franchise and to accept the same, subject to all existing terms and conditions. Sec. 6. The Public Service Commission shall have the power, after a reasonable written notice to the grantee and a hearing of the interested parties, to declare the forfeiture of this franchise and all rights inherent in the same for failure on the part of the grantee to comply with any of the terms and conditions thereof, unless such failure shall have been directly and primarily caused by an act of God, force majeure, usurped right, uprising or other cause beyond the grantee's control. Against such declaration of forfeiture by the Public Service Commission, the grantee may apply for the remedies provided in Sections thirty-four and thirty-six of the Public Service Act. The remedy provided herein shall not be a bar to any other remedy provided by existing laws for the forfeiture of this franchise. Sec. 7. Whenever in this franchise the term "grantee" is used, it shall be held and understood to mean and represent the Jopane Ferry, its representatives, successors or assigns. Sec. 8. This franchise shall be subject to amendment, alteration or repeal by the Congress of the Philippines when the public interest so requires, and shall not be interpreted to mean an exclusive grant of the privilege herein provided. Sec. 9. This Act shall take effect upon its approval. Approved: June 19, 1965 |
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