Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez
Republic Act No. 5099, enacted on June 17, 1967, grants Jose O. Martinez a 25-year franchise to construct, operate, and maintain an ice plant and cold storage facility in Malangas, Zamboanga del Sur. The franchise allows him to manufacture and distribute ice, subject to regulatory oversight regarding pricing by the Public Service Commission. If he fails to commence operations within two years, the franchise becomes void unless hindered by uncontrollable circumstances. The Act also stipulates that the grantee must maintain transparent financial records for municipal inspection and can transfer the franchise with Congressional approval. Additionally, if any competing franchise offers more favorable terms, those terms will automatically apply to Martinez’s franchise as well.
Quick Answers
- What is Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez about?
- Republic Act No. 5099, enacted on June 17, 1967, grants Jose O. Martinez a 25-year franchise to construct, operate, and maintain an ice plant and cold storage facility in Malangas, Zamboanga del Sur. The franchise allows him to manufacture and distribute ice, subject to regulatory oversight regarding pricing by the Public Service Commission. If he fails to commence operations within two years, the franchise becomes void unless hindered by uncontrollable circumstances. The Act also stipulates that the grantee must maintain transparent financial records for municipal inspection and can transfer the franchise with Congressional approval. Additionally, if any competing franchise offers more favorable terms, those terms will automatically apply to Martinez’s franchise as well.
- What type of law is Republic Act No. 5099?
- Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez (Republic Act No. 5099) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez enacted?
- Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez (Republic Act No. 5099) was enacted on Jun 17, 1967.
- What is the citation for Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez?
- Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez, Republic Act No. 5099, Jun 17, 1967 (Philippines)
Law Information
- Reference Number
- Republic Act No. 5099
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 17, 1967
REPUBLIC ACT NO. 5099
AN ACT GRANTING JOSE O. MARTINEZ A FRANCHISE TO CONSTRUCT, OPERATE AND MAINTAIN AN ICE PLANT AND COLD STORAGE IN THE MUNICIPALITY OF MALANGAS, PROVINCE OF ZAMBOANGA DEL SUR
SECTION 1. Subject to the conditions imposed by this Act, there is hereby granted to Jose O. Martinez, herein referred to as the grantee, for a period of twenty-five years from the date of approval of this Act, a franchise to construct, operate and maintain an ice plant and cold storage in the Municipality of Malangas, Province of Zamboanga del Sur, for the purpose of manufacturing and distributing ice in said municipality and in the Province of Zamboanga del Sur, and to charge and collect a schedule of prices for the ice so sold, which schedule of prices shall at all times be subject to regulation by the Public Service Commission. Said grantee shall manufacture and supply ice up to the limit of the capacity of his plant the maximum productive capacity of which shall not be greater than fifty tons. aisa dc
SECTION 2. If the grantee does not commence the manufacture and distribution of ice within two years from the date of the approval of this Act, this franchise shall be null and void, unless he was prevented from doing so by an act of God, force majeure or any other cause beyond the grantee's control.
SECTION 3. This franchise is granted subject to the provisions of the Constitution, and of Commonwealth Act Numbered One hundred forty-six, as amended, only insofar as rates are concerned.
SECTION 4. The books, records and accounts of the grantee shall be open to the inspection of the municipal treasurer or his authorized representatives, and it shall be the duty of the grantee to submit to the said treasurer quarterly reports in duplicate showing the gross receipts for the preceding quarter, one of which shall be forwarded by the said treasurer to the Auditor General, who shall keep the same on file. cdt
SECTION 5. The grantee, with the approval of the Congress of the Philippines first had, may sell, lease, grant, convey, assign, give in usufruct, or transfer this franchise and all property and rights acquired thereunder to any qualified individual, association or corporation competent to operate the business hereby authorized.
SECTION 6. In the event of any competing individual, association of persons or corporation receiving from the Congress of the Philippines a similar franchise in which there shall be any term or terms more favorable than those herein granted or tending to place the herein grantee at any disadvantage, then such term or terms shall ipso facto become part of the terms hereof and shall operate equally in favor of the grantee as in the case of said competing individual, association of persons, or corporation.
SECTION 7. This Act shall take effect upon its approval.
Enacted without Executive approval, June 17, 1967.
Published in the Official Gazette, Vol. 65, No. 11, p. 2576 on March 17, 1969
Cite This Law
Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez, Republic Act No. 5099, Jun 17, 1967 (Philippines)
Grant of Ice Plant and Cold Storage Franchise to Jose O. Martinez, Republic Act No. 5099 (Phil. 1967)
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