PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
| REPUBLIC ACT NO. 2383 - AN ACT
GRANTING PORFIRIO ROYO AND CLEMENTA FERNANDEZ A FRANCHISE FOR AN
ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF KAPALONG,
DAVAO |
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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 thirty-two, and to the provisions
of the Constitution, there is granted to Porfirio Royo and Clementa
Fernandez, 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 Kapalong, Province of Davao.
Sec. 2. In the event that the grantees 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 20, 1959 |