Republic Act No. 791

 

 

AN ACT

GRANTING MRS. LUCIA D. ULANGKAYA A FRANCHISE FOR AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF DULAWAN, PROVINCE OF COTABATO

 

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

 

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 Mrs. Lucia D. Ulangkaya, 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 Dulawan, Province of Cotabato.

 

SEC. 2.  It is expressly provided that in the event the Government should desire to maintain and operate for itself the system and enterprise herein authorized, the grantee shall surrender her franchise and will turn over o the Government all serviceable equipment therein, at cost, less reasonable depreciation.

 

SEC. 3.  This Act shall take effect upon its approval.

 

Approved, June 21, 1952

 

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