Republic Act No. 6098: An act authorizing marcelina s. aquino to transfer, assign, sell or mortgage in favor of any banking or financing institution her franchises under republic acts numbered six hundred ninety-seven and seven hundred fifty-seven, to install, operate and maintain telephone systems in the city of butuan and in the province of agusan and the municipalities and municipal districts thereof, and further modifying the provisions of said franchises.

Republic Act No. 6098

An act authorizing marcelina s. aquino to transfer, assign, sell or mortgage in favor of any banking or financing institution her franchises under republic acts numbered six hundred ninety-seven and seven hundred fifty-seven, to install, operate and maintain telephone systems in the city of butuan and in the province of agusan and the municipalities and municipal districts thereof, and further modifying the provisions of said franchises.

AN ACT AUTHORIZING MARCELINA S. AQUINO TO TRANSFER, ASSIGN, SELL OR MORTGAGE IN FAVOR OF ANY BANKING OR FINANCING INSTITUTION HER FRANCHISES UNDER REPUBLIC ACTS NUMBERED SIX HUNDRED NINETY-SEVEN AND SEVEN HUNDRED FIFTY-SEVEN, TO INSTALL, OPERATE AND MAINTAIN TELEPHONE SYSTEMS IN THE CITY OF BUTUAN AND IN THE PROVINCE OF AGUSAN AND THE MUNICIPALITIES AND MUNICIPAL DISTRICTS THEREOF, AND FURTHER MODIFYING THE PROVISIONS OF SAID FRANCHISES.

In plain language

This act authorizes Marcelina S. Aquino to transfer, assign, sell or mortgage her franchises under Republic Acts 697 and 757 to any banking or financing institution, and to install, operate, and maintain telephone systems in Butuan, Agusan, and surrounding districts, while limiting the Public Service Commission's jurisdiction to rate fixing.

Authorization to transfer, assign, sell or mortgage franchises under RA 697 and RA 757 to any banking or financing institution

Authorization to install, operate and maintain telephone systems in Butuan, Agusan and surrounding districts

Limitation of Public Service Commission jurisdiction to rate fixing only

telecommunications

franchises

butuan

agusan

public service commission

[ REPUBLIC ACT NO. 6098, August 04, 1969 ] AN ACT AUTHORIZING MARCELINA S. AQUINO TO TRANSFER, ASSIGN, SELL OR MORTGAGE IN FAVOR OF ANY BANKING OR FINANCING INSTITUTION HER FRANCHISES UNDER REPUBLIC ACTS NUMBERED SIX HUNDRED NINETY-SEVEN AND SEVEN HUNDRED FIFTY-SEVEN, TO INSTALL, OPERATE AND MAINTAIN TELEPHONE SYSTEMS IN THE CITY OF BUTUAN AND IN THE PROVINCE OF AGUSAN AND THE MUNICIPALITIES AND MUNICIPAL DISTRICTS THEREOF, AND FURTHER MODIFYING THE PROVISIONS OF SAID FRANCHISES. Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: Section 1. Marcelina S. Aquino is hereby authorized to transfer, assign, sell or mortgage in favor of any banking or financing institution the franchises granted under Republic Acts Numbered Six hundred ninety-seven and Seven hundred fifty-seven, which were transferred to her by authority of Republic Acts Numbered Thirty-nine hundred seventy-one and Thirty-nine hundred seventy-two, as well as the certificates of public convenience granted or to be granted by the Public Service Commission to her pursuant to the above-mentioned Acts, including all assets and property operated thereunder, located in the City of Butuan and in the Province of Agusan and the municipalities and municipal districts thereof. Section 2. Any provision of law or rule or regulation to the contrary notwithstanding the jurisdiction of the Public Service Commission over the telephone systems installed, operated and maintained by the said Marcelina S. Aquino by virtue of the aforementioned franchises and Republic Acts, shall be limited to the fixing of rates for the telephone service rendered. Section 3. This Act shall take effect upon its approval. Enacted without Executive approval, August 4, 1969.

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.