Republic Act
Approved June 15, 1954

Republic Act No. 1118

An act approving any assignment, sale and transfer of the franchise granted to jose catolico by republic act numbered four hundred and sixty-six in favor of "jose catolico electric light and power co., inc."

An Act Approving Any Assignment, Sale and Transfer of the Franchise Granted to Jose Catolico by Republic Act Numbered Four Hundred and Sixty-Six in Favor of "Jose Catolico Electric Light and Power Co., Inc."

In plain language

Approval of assignment, sale, and transfer of Jose Catolico's franchise and related property to Jose Catolico Electric Light and Power Co., Inc.

  • Approval of assignment, sale, and transfer of the franchise granted to Jose Catolico.
  • Transfer of all property and equipment acquired under the franchise.
  • Act takes effect upon its approval.
franchise
electricity
assignment
sale
transfer
Republic Act 1118

REPUBLIC ACT No. 1118

An Act Approving Any Assignment, Sale and Transfer of the Franchise Granted to Jose Catolico by Republic Act Numbered Four Hundred and Sixty-Six in Favor of "Jose Catolico Electric Light and Power Co., Inc."

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 Four hundred and sixty-six, entitled "An Act granting Jose Catolico a franchise for an electric light, heat and power system in the municipality of Buayan, Province of Cotabato," approval is hereby given to any assignment, sale and transfer of the franchise granted to Jose Catolico under the said Act, together with all the property and equipment acquired thereunder, in favor of "Jose Catolico Electric Light and Power Plant Co., Inc."

Section 2

This Act shall take effect upon its approval.

Approved: June 15, 1954.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.