An Act Granting Felix Maronilla, Jr., a Franchise for an Electric Light, Heat and Power System in Libon, Albay
Year:
1948
Category:
Other
Date Approved:
June 14, 1948
Summary
Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.
This Act grants Felix Maronilla, Jr. a franchise to construct, maintain, and operate an electric light, heat, and power system for sale within the municipality of Libon, Albay. The franchise is valid for a period of twenty-five years from the approval of the Act.Full Text
REPUBLIC ACT No. 256
An Act Granting Felix Maronilla, Jr., a Franchise for an Electric Light, Heat and Power System in Libon, Albay
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
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 Felix Maronilla, Jr., 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/or power for sale within the limits of the municipality of Libon, Province of Albay.
Section 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.
Section 3. This Act shall take effect upon its approval.
Approved: June 14, 1948.
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.