PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
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REPUBLIC ACT NO. 5685 - AN
ACT AUTHORIZING MARCELINA S. AQUINO TO TRANSFER, ASSIGN, SELL, OR
MORTGAGE IN FAVOR OF ANY BANKING OR FINANCING INSTITUTION HER
FRANCHISES UNDER REPUBLIC ACTS NUMBERED SIX HUNDRED NINETY-SEVEN AND
SEVEN HUNDRED FIFTY-SEVEN, TO INSTALL, OPERATE AND MAINTAIN TELEPHONE
SYSTEMS IN THE CITY OF BUTUAN AND IN THE PROVINCE OF AGUSAN AND THE
MUNICIPALITIES AND MUNICIPAL DISTRICTS THEREOF
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| Section
1. Subject to the provisions of the Constitution,
Marcelina S. Aquino is hereby authorized to transfer, assign, sell or
mortgage in favor of any banking or financing institution the
franchises granted under Republic Acts Numbered Six hundred
ninety-seven and Seven hundred fifty-seven, which were transferred to
her by authority of Republic Acts Numbered Thirty-nine hundred
seventy-one and Thirty-nine hundred seventy-two, as well as the
certificates of public convenience granted or to be granted by the
Public Service Commission to her pursuant to the above-mentioned Acts,
including all assets and property operated thereunder, located in the
City of Butuan and in the Province of Agusan and the municipalities and
municipal districts thereof. Sec. 2. This Act shall take effect upon its approval. Enacted without Executive
approval, June 21, 1969. |