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Republic Acts

Republic Act No. 4611

PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY

REPUBLIC ACTS




REPUBLIC ACT NO. 4611
REPUBLIC ACT NO. 4611 - AN ACT GRANTING ARSENIO GARCIA, MATEO TEVES, AND IGNACIO MONTENEGRO, A FRANCHISE TO CONSTRUCT, MAINTAIN AND OPERATE AN ICE PLANT AND COLD STORAGE IN THE MUNICIPALITY OF BAIS, PROVINCE OF ORIENTAL NEGROS, AND TO SELL ICE AND SUPPLY COLD STORAGE IN THE WHOLE PROVINCE OF ORIENTAL NEGROS

Section 1. Subject to the terms and conditions established in this Act and in Commonwealth Act Numbered One hundred forty-six, as amended, and to the provisions of the Constitution, there is granted to Arsenio Garcia, Mateo Teves, and Ignacio Montenegro, for a period of twenty-five years from the approval of this Act, the right, privilege and authority to construct, maintain and operate an ice plant and cold storage in the Municipality of Bais, Province of Oriental Negros, for the purpose of manufacturing ice for distribution and sale, and for supplying cold storage, within the Province of Oriental Negros, and to charge and collect a schedule of prices and rates therefor, which schedule shall at all times be subject to regulation by the Public Service Commission or its legal successor.

Sec. 2. The grantee shall manufacture and supply ice up to the limit of the capacity of their plant, said limit to be determined by the Public Service Commission, and sell the same at rates to be determined by the said Commission.

Sec. 3. All the apparatus and appurtenances to be used by the grantees shall be modern, safe and first class in every respect, and the grantees shall, whenever the Public Service Commission shall determine that public interest reasonably requires it, change or alter any of the apparatus and appurtenances at grantees' expense.

Sec. 4. If the grantees shall not commence the manufacture of ice for distribution and sale in the Province of Oriental Negros within two years from the approval of this Act, unless prevented by an act of God or force majeure, martial law, riot, civil commotion, usurpation by a military power or any other cause beyond the grantees' control, this franchise shall become null and void.

Sec. 5. This franchise is granted with the understanding and upon the condition that it shall be subject to amendment, alteration, or repeal by the Congress of the Philippines when the public interest so requires.

Sec. 6. The books, records and accounts of the grantees shall always be open to the inspection of the Auditor General or his authorized representatives, and it shall be the duty of the grantees to submit to the Auditor General quarterly reports in duplicate showing the gross receipts for the quarter past.

Sec. 7. In the event of any competing person, natural or juridical, receiving from the Congress of the Philippines a similar franchise in which there shall be any term or terms more favorable than those herein granted or tending to place the herein grantees at any disadvantage, then such term or term shall ipso facto become a part of the terms hereof and shall operate equally in favor of the grantees as in the case of such competing person.

Sec. 8. This Act shall take effect upon its approval.

Approved: June 19, 1965

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