PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
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REPUBLIC ACT NO. 4193 - AN ACT
GRANTING ARTURO L. BAYLE, JR., A FRANCHISE TO CONSTRUCT, OPERATE AND
MAINTAIN AN ICE PLANT AND COLD STORAGE IN THE CITY OF CALOOCAN AND
MUNICIPALITIES OF NAVOTAS AND MALABON, PROVINCE OF RIZAL, AND TO SELL
ICE AND ACCEPT COMMODITIES FOR STORAGE THEREIN
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| Section
1. Subject to the conditions imposed by this Act,
there is granted to Arturo L. Bayle, Jr., hereinafter referred to as
the grantee, a franchise for twenty-five years to construct, operate
and maintain an ice plant and cold storage in the City of Caloocan and
municipalities of Navotas and Malabon, Province of Rizal, to sell ice
therein and to accept commodities for storage and to charge and collect
a schedule of prices and rates for the ice so manufactured, and the
commodities stored, which schedule of prices and rates shall at all
times be subject to regulation by the Public Service Commission. Sec. 2. The grantee shall manufacture and supply ice and accept commodities for storage to the limit of the capacity of his plant. Sec. 3. All the apparatus and appurtenances to be used by the grantee shall be modern, safe, and first class in every respect, and the grantee shall, whenever the Congress of the Philippines shall determine that public interest reasonably requires it, change or alter any of its apparatus and appurtenances at grantee's expense. Sec. 4. If the grantee shall not commence the manufacture of ice and cold storage in the said city and municipalities mentioned herein within two years from the approval of this Act, unless prevented by an act of God, or force majeure, martial law, riot, civil commotion, usurpation by a military power or by any other cause beyond the grantee's control, this franchise shall become null and void. Sec. 5. 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 condition that it shall be subject to amendment, alteration, or repeal by the Congress of the Philippines when public interest so requires. Sec. 6. If the event of any competing individual, association of persons, 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: May 18, 1965 |
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