REPUBLIC ACT NO. 1360 - AN
ACT GRANTING TO THE TALISAY ELECTRIC PLANT A FRANCHISE TO INSTALL,
OPERATE, AND MAINTAIN AN ELECTRIC LIGHT, HEAT, AND POWER SYSTEM IN THE
MUNICIPALITY OF TALISAY, PROVINCE OF OCCIDENTAL NEGROS |
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 the Talisay Electric Plant, a sole
proprietorship of Anselmo S. Diaz, 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 Talisay, Province
of Occidental Negros.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 |