Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana
Republic Act No. 5357, enacted on June 15, 1968, grants Pacifico C. Marana a franchise to construct, operate, and maintain a 100-ton capacity ice plant and cold storage facility in Taal, Batangas. This franchise allows the grantee to manufacture and distribute ice and provide cold storage services in Taal and neighboring municipalities, subject to regulation by the Public Service Commission regarding pricing. The franchise is valid for 25 years, contingent upon the construction of the plant beginning within two years and completion within four years, barring unforeseen circumstances. The grantee must adhere to safety standards, maintain transparent financial records for municipal inspection, and pay a quarterly tax of 2% on gross earnings. If more favorable terms are granted to competitors, those terms will automatically apply to Marana’s franchise as well.
Quick Answers
- What is Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana about?
- Republic Act No. 5357, enacted on June 15, 1968, grants Pacifico C. Marana a franchise to construct, operate, and maintain a 100-ton capacity ice plant and cold storage facility in Taal, Batangas. This franchise allows the grantee to manufacture and distribute ice and provide cold storage services in Taal and neighboring municipalities, subject to regulation by the Public Service Commission regarding pricing. The franchise is valid for 25 years, contingent upon the construction of the plant beginning within two years and completion within four years, barring unforeseen circumstances. The grantee must adhere to safety standards, maintain transparent financial records for municipal inspection, and pay a quarterly tax of 2% on gross earnings. If more favorable terms are granted to competitors, those terms will automatically apply to Marana’s franchise as well.
- What type of law is Republic Act No. 5357?
- Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana (Republic Act No. 5357) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana enacted?
- Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana (Republic Act No. 5357) was enacted on Jun 15, 1968.
- What is the citation for Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana?
- Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana, Republic Act No. 5357, Jun 15, 1968 (Philippines)
Law Information
- Reference Number
- Republic Act No. 5357
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 15, 1968
REPUBLIC ACT NO. 5357
AN ACT GRANTING PACIFICO C. MARANA A FRANCHISE TO CONSTRUCT, OPERATE AND MAINTAIN AN ICE PLANT AND COLD STORAGE IN THE MUNICIPALITY OF TAAL, PROVINCE OF BATANGAS, AND TO SELL ICE AND SUPPLY COLD STORAGE WITHIN THE MUNICIPALITY AND THE MUNICIPALITIES OF LEMERY, SAN NICOLAS, AGONCILLO, STA. TERESITA, SAN LUIS, CALACA, BALAYAN, MABINI, BATANGAS, TUY AND NASUGBU, ALL IN THE PROVINCE OF BATANGAS
SECTION 1. Subject to the conditions imposed by this Act, there is hereby granted to Pacifico C. Maraña, hereinafter referred to as the grantee, a franchise to construct, operate and maintain a hundred-ton maximum capacity ice plant and cold storage in the said municipality of Taal, Province of Batangas, for the purpose of manufacturing and distributing ice and supplying cold storage in the said municipality and in the municipalities of Lemery, San Nicolas, Sta. Teresita, San Luis, Calaca, Balayan, Mabini, Agoncillo, Batangas, Tuy and Nasugbu, all in the Province of Batangas, and to charge and collect a schedule of prices and rates for the ice and cold storage so furnished which schedule of prices and rates shall at all times be subject to regulation by the Public Service Commission. cd i
SECTION 2. This franchise shall continue for a period of twenty-five years from the date said plant is placed in operation and/or commences the manufacture and distribution of ice in the municipalities of Taal, Lemery, Sta. Teresita, San Luis, San Nicolas, Agoncillo, Mabini, Calaca, Balayan, Tuy and Nasugbu, all in the Province of Batangas, subject to the express condition that this franchise shall be null and void unless the construction of said plant is begun within two years from the date of the approval of this Act and completed within four years from said date, except when prevented by an act of God, martial law, riot, civil commotion, usurpation by military power or any other acts of force majeure.
SECTION 3. The apparatus and appurtenances to be used by the grantee shall be modern, safe and first class in every respect, and, whenever the Public Service Commission shall determine that public interest reasonably requires it, the grantee shall change or alter any of the apparatus and appurtenances at his expense.
SECTION 4. The books, records, and accounts of the grantee shall, always be open to inspection by the municipal treasurer or his authorized representatives, and it shall be the duty of the grantee to submit to the municipal treasurer quarterly reports in duplicate, showing the gross receipts for the past quarter, one of which shall be forwarded by the municipal treasurer to the Auditor General, who shall keep the same on file.
SECTION 5. This franchise is granted subject to the provisions of Commonwealth Act Numbered One hundred forty-six, as amended, only with respect to the fixing of rates. In consideration of the franchise hereby granted, the grantee shall pay quarterly into the municipal treasury a tax equivalent of two per centum of the gross earnings derived by the grantee from his operation under this franchise.
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, the 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 individual, association of persons or corporation. cdt
SECTION 7. This Act shall take effect upon its approval.
Enacted without Executive approval, June 15, 1968.
Published in the Official Gazette, Vol. 65, No. 25, p. 6361 on June 23, 1969
Cite This Law
Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana, Republic Act No. 5357, Jun 15, 1968 (Philippines)
Grant of Ice Plant and Cold Storage Franchise to Pacifico C. Marana, Republic Act No. 5357 (Phil. 1968)
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