|REPUBLIC ACT NO. 403 - AN ACT
GRANTING DOMINADOR S. IGO A FRANCHISE FOR AN ELECTRIC LIGHT,
HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF BATO, PROVINCE OF
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 the provisions of the
Constitution, there is granted to Dominador S. Igo, 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 plant for the purpose of generating and
distributing electric light, heat, and/or power for sale within the
municipality of Bato, Province of Catanduanes. |
Sec. 2. It is expressly provided that in the event the Government should desire to maintain and operate for itself the plant and enterprise herein authorized, the grantee shall surrender its franchise and will turn over to the Government all serviceable equipment therein, at cost.
Sec. 3. This Act shall take effect upon its approval.
Approved: June 18, 1949