PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACT NO. 5410 - AN ACT GRANTING JESUS NARSHALL A FRANCHISE TO CONSTRUCT, OPERATE AND MAINTAIN AN ICE PLANT AND COLD STORAGE IN THE MUNICIPALITY OF CORON, PROVINCE OF PALAWAN AND TO SELL ICE AND SUPPLY COLD STORAGE IN THE WHOLE PROVINCE OF PALAWAN
1. Subject to the terms and conditions established in
this Act and in Commonwealth Act Numbered One hundred forty-six, as
amended, and to the provisions of the Constitution, there is granted to
Jesus Narshall, for a period of twenty-five years from the approval of
this Act, the right, privilege and authority to construct, operate and
maintain an ice plant and cold storage in the Municipality of Coron,
Province of Palawan, for the purpose of manufacturing ice for
distribution and sale, and for supplying cold storage, within the
Province of Palawan and to charge and collect a schedule of prices and
rates therefor, which schedule shall at all times be subject to
regulation by the Public Service Commission or its legal
Sec. 2. The grantee shall manufacture and supply ice up to the limit of the capacity of his plant, said limit to be determined by the Public Service Commission, and sell the same at rates to be determined by the said Commission.
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 Public Service Commission shall determine that public interest reasonably requires it, change or alter any of the apparatus and appurtenances at grantee's expense.
Sec. 4. If the grantee shall not commence the manufacture of ice for distribution and sale in the Province of Palawan 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 any other cause beyond the grantee's control this franchise shall become null and void.
Sec. 5. This franchise is granted with the understanding and upon the condition that it shall be subject to amendment, alteration, or repeal by the Congress of the Philippines when the public interest so requires.
Sec. 6. In the event of any competing person, natural or juridical, 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 such competing person.
Sec. 7. This Act shall take effect upon its approval.
Enacted without Executive
approval, June 15, 1968.