Republic Act No. 3222, approved on June 17, 1961, grants Mr. Salvador E. Villarroya a fifty-year franchise to construct, maintain, and operate an electric light, heat, and power system in Matnog, Sorsogon. The Act stipulates that he may generate and distribute electricity for sale within the municipality, subject to existing laws and constitutional provisions. It also allows the National Power Corporation to negotiate rates if Villarroya purchases power from them. Additionally, if the government decides to operate the system itself, Villarroya must surrender his franchise and equipment at cost, minus depreciation.
June 17, 1961
REPUBLIC ACT NO. 3222
AN ACT GRANTING MR. SALVADOR E. VILLARROYA A FRANCHISE FOR AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF MATNOG, PROVINCE OF SORSOGON
SECTION 1. Subject to the terms and conditions established in Act Numbered Thirty-six hundred and thirty-six, as amended by Commonwealth Act Numbered One hundred and thirty-two, and to the provisions of the Constitution, there is granted to Mr. Salvador E. Villarroya, for a period of fifty years from the approval of this Act, the right, privilege and authority to construct, maintain and operate an electric light, heat and power system in the Municipality of Matnog, Province of Sorsogon, for the purpose of generating and distributing electric light, heat and/or power for sale within the limits of the said municipality. casia
SECTION 2. In the event that the grantee shall purchase and secure from the National Power Corporation electric heat and power, the National Power Corporation is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates.
SECTION 3. It is expressly provided that in the event the Government should desire to maintain and operate for itself the system and enterprise herein authorized, the grantee shall surrender his franchise and turn over to the Government all serviceable equipment therein, at cost, less reasonable depreciation.
SECTION 4. This Act shall take effect upon its approval.
Approved: June 17, 1961
Published in the Official Gazette, Vol. 58, No. 6, p. 1084 on February 5, 1962