Authority to Jose S. Valenciano to Transfer Franchise (Electric Current, Heat and Power System)
Act No. 3991, approved on December 3, 1932, grants Jose S. Valenciano the authority to sell or transfer his franchise and associated rights for an electric current, heat, and power system in Camalig, Albay, to Saturnino Benito. This transfer is subject to specific conditions outlined in a prior act. The law allows for various forms of conveyance, including sale, lease, or usufruct. The act takes effect immediately upon its approval.
Law Information
- Reference Number
- Act No. 3991
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
December 3, 1932
ACT NO. 3991
AN ACT GRANTING TO JOSE S. VALENCIANO THE RIGHT TO SELL, CONVEY, ASSIGN OR TRANSFER HIS FRANCHISE AND ALL PROPERTY AND RIGHTS ACQUIRED THEREUNDER TO INSTALL, OPERATE AND MAINTAIN AN ELECTRIC CURRENT, HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF CAMALIG, PROVINCE OF ALBAY, IN FAVOR OF SATURNINO BENITO
SECTION 1. Subject to the terms and conditions prescribed in section fifteen of Act Numbered Thirty-six hundred and sixty-four, Jose S. Valenciano is hereby authorized to sell, lease, grant, convey, assign, give in usufruct, or transfer his franchise and all property and rights acquired thereunder to install, operate and maintain an electric current, heat and power system in the municipality of Camalig, Province of Albay, in favor of Saturnino Benito.
SECTION 2. This Act shall take effect immediately on its approval.
Approved, December 3, 1932.
Cite This Law
Authority to Jose S. Valenciano to Transfer Franchise (Electric Current, Heat and Power System), Act No. 3991, Dec 3, 1932 (Philippines)
Authority to Jose S. Valenciano to Transfer Franchise (Electric Current, Heat and Power System), Act No. 3991 (Phil. 1932)
Related Laws
- Grant of Franchise to Jose S. Valenciano (Electric Light, Heat and Power System)Act No. 3664 • Dec 7, 1929 • Statutes
- Authority to Mariano R. Lamson to Sell Franchise (Electric Current, Heat and Power System)Act No. 4106 • Dec 5, 1933 • Statutes
- Grant of Franchise to San Jose Power House and Company (Electric Light, Heat and Power System)Act No. 3488 • Dec 8, 1928 • Statutes
- Grant of Electric Light, Heat and Power System Franchise to Jose S. MagallanesRepublic Act No. 3402 • Jun 18, 1961 • Statutes
- Grant of Electric Light, Heat and Power System Franchise to Jose de Leon Electric PlantRepublic Act No. 3958 • Jun 18, 1964 • Statutes
- Grant of Electric Light, Heat and Power System Franchise to Jose FontanozaRepublic Act No. 4543 • Jun 19, 1965 • Statutes
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