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PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
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REPUBLIC ACT NO. 5405 - AN ACT
GRANTING SAN JOSE TIMBER CORPORATION A FRANCHISE TO CONSTRUCT, OPERATE
AND MAINTAIN PRIVATE FIXED, POINT-TO-POINT, PRIVATE COASTAL, PRIVATE
AERONAUTICAL AND LAND-BASED AND LAND MOBILE RADIO STATIONS FOR THE
TRANSMISSION AND RECEPTION OF RADIO COMMUNICATIONS WITHIN THE
PHILIPPINES Section 1. There is hereby granted to San Jose Timber Corporation a franchise to construct, operate and maintain in the City of Manila, in the Province of Samar, and in such other places as the grantee may select, subject to the approval of the Secretary of Public Works and Communications, private fixed point-to-point, private coastal, private aeronautical and land-based and land mobile radio stations for the transmission and reception of wireless messages by radiotelegraph or radiotelephone, each station to be provided with a radio transmitting apparatus and radio receiving apparatus. Sec. 2. This franchise shall continue to be in force during the time that the Government has not established similar service at the places selected by the grantee, and is granted upon the express condition that the same shall be void unless the construction or installation of said stations be begun within two years from the date of approval of this Act and be completed within four years from said date. Sec. 3. The grantee, its successors or assigns, shall not engage in the domestic business of telecommunications in the Philippines without further special assent of the Congress of the Philippines, it being understood that the purpose of this franchise is to secure to the grantee the right to construct, install, maintain and operate private fixed point-to-point, private coastal, private aeronautical and land-based and land mobile radio stations in such places within the Philippines as the interest of the grantee may justify. Sec. 4. No fees shall be charged by the grantee as the radio stations that may be established by virtue of this Act shall engage in communications regarding the grantee's business only. Sec. 5. The grantee, its successors or assigns, shall so construct and operate its radio stations as not to interfere with the operation of other radio stations maintained and operated in the Philippines. Sec. 6. The grantee, its successors or assigns, shall hold the national, provincial, city and municipal governments of the Philippines harmless from all claims, accounts, demands, or actions arising out of accidents or injuries, whether to property or to persons, caused by the construction or operation of its radio stations. Sec. 7. The grantee, its successors or assigns, is authorized to operate its private fixed point-to-point, private coastal, private aeronautical and land-based and land mobile radio stations in the medium frequency, high frequency, and very high frequency that may be assigned to it by the Secretary of Public Works and Communications. Sec. 8. The grantee, its successors or assigns, shall be subject to the corporation laws of the Philippines now existing or hereafter enacted. Sec. 9. The grantee shall not lease, transfer,
grant the usufruct of, sell or assign this franchise, or the rights or
privileges acquired thereunder to any person, firm, company,
corporation or other commercial or legal entity, nor merge with any
other person, company, corporation organized for the same purpose
without the approval of the Congress of the Philippines first had. Any
corporation to which this franchise may be sold, transferred, or
assigned shall be subject to the corporation laws of the Philippines
now existing or hereafter enacted, and any person, firm, company,
corporation or other commercial or legal entity to which this franchise
is sold, transferred, or assigned shall be subject to all conditions,
terms, restrictions and limitations of this franchise as fully and
completely and to the same extent as if the franchise had been
originally granted to the said person, firm, company, corporation or
other commercial or legal entity. Enacted without Executive
approval, June 15, 1968. |
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