PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
REPUBLIC ACT NO. 1114 - AN ACT
GRANTING SALVADOR T. SINGUILLO A FRANCHISE FOR AN ELECTRIC LIGHT, HEAT
AND POWER SYSTEM IN THE MUNICIPALITY OF SINDIGAN, PROVINCE OF ZAMBOANGA
DEL NORTE |
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 Salvador T. Singuillo, 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 of sale within the
municipality of Sindangan, Province of Zamboanga del Norte.cralaw Sec. 2. In the event that the grantee shall purchase and secure from the National Power Corporation electric heat and power, the National Power Corporation is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates.cralaw
Sec. 3. 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 his franchise and will turn over to the Government all
serviceable equipment therein, at cost, less reasonable
depreciation. Approved: June 15, 1954 |
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