Republic Act No. 2041: An act granting philippine air lines, inc. a temporary permit to construct, maintain and operate commercial fixed point-to-point, coastal, aeronautical, land based and land mobile radio stations for the reception and transmission of radio communications within the philippines

Republic Act No. 2041

An act granting philippine air lines, inc. a temporary permit to construct, maintain and operate commercial fixed point-to-point, coastal, aeronautical, land based and land mobile radio stations for the reception and transmission of radio communications within the philippines

An Act Granting Philippine Air Lines, Inc. a Temporary Permit to Construct, Maintain and Operate Commercial Fixed Point-to-Point, Coastal, Aeronautical, Land Based and Land Mobile Radio Stations for the Reception and Transmission of Radio Communications Within the Philippines

In plain language

An act granting Philippine Air Lines, Inc. a temporary permit to construct, maintain and operate radio stations for its airline operations within the Philippines, subject to conditions such as timely construction, fee approval, bond posting, non-interference, indemnity, non-transferability, and special presidential powers in emergencies.

Temporary permit granted to construct, maintain, and operate radio stations.

Construction must begin within two years and finish within three years.

Fees for services must be approved by the Secretary of Public Works and Communications.

Bond of fifty thousand pesos required.

Stations must not interfere with other radio stations.

Grantee indemnifies governments from claims.

Permit non-transferable without congressional approval.

Presidential power to close or reassign stations during emergencies with just compensation.

Broadcasting

Radio

Airlines

Philippine Law

Republic Act

REPUBLIC ACT No. 2041

An Act to Grant to the Metropolitan Express Company, Incorporated, a Franchise to Conduct a Messenger and Delivery Express Service

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Any provision of law to the contrary notwithstanding, the Metropolitan Express Company, Incorporated, a Philippines corporation duly registered with the Securities and Exchange Commission, is hereby granted a franchise to conduct a messenger and delivery express service of packages and of oral or written messages, at regular intervals and/or in specific or rush emergency cases through all hours of the day, for a period of fifty years from the approval of this Act.

Section 2

The grantee is hereby empowered to fix its service charges subject to the approval of the Public Service Commission.

Section 3

The Metropolitan Express Company, Incorporated, in addition to the taxes imposed by the Internal Revenue Code, shall also pay an additional annual tax at the rate of one per cent on its net profit, the proceeds of which shall accrue to the National Government.

Section 4

This franchise is granted subject to the condition that it shall be subject to the amendment, alteration, or repeal when the public interest so requires and shall not be understood as exclusive in character.

Section 5

The grantee shall file a bond in the amount of ten thousand pesos to answer for any loss or damages that any customer or customers may sustain.

Section 6

This Act shall take effect upon its approval.

Approved: June 23, 1957.

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.