PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACT NO. 5148 - AN ACT GRANTING ADRIANA VDA. DE REYES A FRANCHISE TO CONSTRUCT, OPERATE AND MAINTAIN AN ICE PLANT AND COLD STORAGE IN THE CITY OF SAN CARLOS (PANGASINAN) AND TO SELL ICE AND SUPPLY COLD STORAGE WITHIN THE CITY AND THE MUNICIPALITIES OF MALASIQUI, URBIZTONDO, BAYAMBANG, MANGATAREM, BASISTA, BINMALEY, AGUILAR, BUGALLON AND STA. BARBARA, ALL IN THE PROVINCE OF PANGASINAN
Subject to the conditions imposed by this Act, there
is hereby granted to Adriana Vda. De Reyes, hereinafter referred to as
the grantee, a franchise to construct, operate and maintain an ice
plant and cold storage in the City of San Carlos (Pangasinan) for the
purpose of manufacturing and distributing ice and supplying cold
storage in the city and the municipalities of Malasiqui, Urbiztondo,
Bayambang, Mangatarem, Basista, Binmaley, Aguilar, Bugallon and Sta.
Barbara, all in the Province of Pangasinan and to charge and collect a
schedule of prices and rates for the ice and cold storage so furnished,
which schedule of prices and rates shall at all times be subject to
regulation by the Public Service Commission.
Sec. 2. This franchise shall continue for a period of twenty-five years from the date said plant is placed in operation and/or commences the manufacture and distribution of ice in the city and the municipalities of Malasiqui, Urbiztondo, Bayambang, Mangatarem, Basista, Binmaley, Aguilar, Bugallon and Sta. Barbara, all in the Province of Pangasinan, subject to the express condition that this franchise shall be null and void unless the construction of said plant be begun within two years from the date of the approval of this Act and completed within four years from said date, except when prevented by an Act of God, or force majeure, martial law, riot, civil commotion, usurpation by military power or any other cause beyond the grantee's control.
Sec. 3. The apparatus and appurtenances to be used by the grantee shall be modern, safe and first class in every respect and, whenever the Public Service Commission shall determine that public interest reasonably requires it, the grantee shall charge or alter any of the apparatus and appurtenances at her expense.
Sec. 4. The books, records and accounts of the grantee shall always be open to inspection by the city treasurer or his authorized representatives, and it shall be the duty of the grantee to submit to the city treasurer quarterly reports in duplicate, showing the gross receipts for the past quarter, one of which shall be forwarded by the city treasurer to the Auditor General, who shall keep the same on file.
Sec. 5. In the event of any competing individual, association or 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 part of the terms hereof and shall operate equally in favor of the grantee as in the case of said individual, association of persons or corporation.
Sec. 6. This Act shall take effect upon its approval.
Enacted without Executive
approval, June 17, 1967.