PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACT NO. 3263 - AN ACT GRANTING ESTRELLA Y. TAN A FRANCHISE TO CONSTRUCT, OPERATE AND MAINTAIN AN ICE PLANT IN THE MUNICIPALITY OF LAOANG, PROVINCE OF SAMAR, AND TO SELL ICE THEREIN
1. Subject to the conditions imposed by this Act,
there is hereby granted to Estrella Y. Tan, herein referred to as the
grantee, a franchise to construct, operate and maintain an ice plant in
the Municipality of Laoang, Province of Samar, for the purpose of
manufacturing and distributing ice therein and to charge and collect a
schedule of prices for the ice so sold which schedule of prices shall
at all times be subject to the regulation by the Public Service
Said grantee shall manufacture and supply ice up to the limit of the capacity of her plant.
Sec. 2. If the grantee does not commence the manufacture and distribution of ice in the Municipality of Laoang within one year from the approval of this Act, this franchise shall be null and void, unless she was prevented from doing so by an act of God, force majeure or any other cause beyond the grantee's control.
Sec. 3. This franchise is granted subject to the provisions of Commonwealth Act Numbered one hundred forty-six, as amended, only with respect to the fixing of rates, and with the understanding and upon the condition that it shall be subject to amendment, alteration or repeal by the Congress of the Philippines when public interest so requires.
Sec. 4. The books, records and accounts of the grantee shall be open to the inspection of the municipal treasurer or his authorized representative, and it shall be the duty of the grantee to submit to the said treasurer quarterly report in duplicate showing the gross receipts for the preceding quarter, one of which shall be forwarded by the said treasurer to the Auditor General, who shall keep the same file.
Sec. 5. The grantee, with the approval of the Congress of the Philippines first had, may sell, lease, grant, convey, assign, give in usufruct, or transfer this franchise and all property and rights acquired thereunder to any qualified individual association or corporation competent to operate the business hereby authorized.
Sec. 6. In the event of any competing individual, association or corporation receiving from the Congress of the Philippines a similar franchise in which there shall be any term or terms more favorable than those herein granted or tending to place the herein grantee at any disadvantage, then such term or terms shall ipso facto become a part of the terms hereof and shall operate equally in favor of the grantee as in the case of said competing individual, association of persons or corporation.
Sec. 7. This Act shall take effect upon its approval.
Approved: June 17, 1961.