PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
REPUBLIC ACT NO. 1351 - AN
ACT GRANTING THE MONKAYO ELECTRIC COMPANY A FRANCHISE FOR AN ELECTRIC
LIGHT, HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF MONKAYO, PROVINCE
OF DAVAO |
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 the Monkayo Electric Company, 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 Monkayo, Province of Davao.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.
Sec. 4. This Act shall take effect upon its
approval.cralaw Approved: June 18, 1955 |
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