REPUBLIC ACT NO. 1359 - AN
ACT GRANTING CESAR ALTAREJOS A FRANCHISE FOR AN ELECTRIC LIGHT, HEAT
AND POWER SYSTEM IN THE MUNICIPALITY OF SAN JACINTO, PROVINCE OF
MASBATE |
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 Cesar Altarejos 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
San Jacinto, Province of Masbate.cralaw 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.cralaw Approved: June 18, 1955 |