PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
REPUBLIC ACT NO. 1112 - AN
ACT GRANTING MARIANO NASSER A FRANCHISE FOR AN ELECTRIC LIGHT, HEAT AND
POWER SYSTEM IN THE MUNICIPALITY OF LUPON, PROVINCE OF DAVAO |
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 Mariano Nasser, 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 of sale within the municipality of
Lupon, Province of Davao.
Sec. 2. In the event that the grantee shall
purchase and secure from the National Power Corporation electric heat
and power, the National Power Corporation is hereby authorized to
negotiate and transact for the benefit and in behalf of the public
consumers with reference to rates.
Sec. 4. This Act shall take effect upon its
approval. Approved: June 15, 1954 |