An Act Approving Any Assignment, Sale and Transfer of the Franchise Granted to Feliciana S. Bermudez by Republic Act Numbered Eighteen Hundred Forty in Favor of Juan R. Alcasid
Year:
1965
Category:
Other
Date Approved:
June 19, 1965
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 approves the assignment, sale, and transfer of the franchise granted to Feliciana S. Bermudez for an electric light, heat, and power system in Tupi, Cotabato, to Juan R. Alcasid. It ensures that all property and equipment acquired under the original franchise are included in the transfer.Full Text
REPUBLIC ACT No. 4553
An Act Approving Any Assignment, Sale and Transfer of the Franchise Granted to Feliciana S. Bermudez by Republic Act Numbered Eighteen Hundred Forty in Favor of Juan R. Alcasid
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. Subject to the provisions of Republic Act Numbered Eighteen hundred forty, entitled "An Act to grant to Feliciana S. Bermudez a franchise for an electric light, heat and power system in the Municipality of Tupi, Province of Cotabato," approval is hereby given by any assignment, sale and transfer of the franchise granted to Feliciana S. Bermudez under the said Act, together with all the property and equipment acquired thereunder, in favor of Juan R. Alcasid.
Section 2. This Act shall take effect upon its approval.
Approved: June 19, 1965.
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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.