Republic Act No. 256

: The main purpose is to grant Felix Maronilla, Jr. a franchise to construct, maintain, and operate an electric light, heat, and/or power system for sale within the municipality of Libon, Albay.
: Felix Maronilla, Jr. is the grantee of the franchise.
: The franchise is granted for a period of twenty-five years from the approval of the Act.
: The geographical scope is limited to the municipality of Libon, province of Albay.
: The franchise is subject to the terms and conditions of Act Numbered 3636 as amended by Commonwealth Act No. 132, and to the provisions of the Philippine Constitution.
: If the Government desires to operate the plant and enterprise, the grantee must surrender the franchise and turn over all serviceable equipment at cost to the Government.
: Yes, the grantee must turn over all serviceable equipment to the Government at cost.
: The Act took effect upon its approval on June 14, 1948.
: The franchise authorizes him to construct, maintain, and operate an electric light, heat, and power system for sale in the specified area.
: Act Numbered Thirty-six hundred and thirty-six as amended by Commonwealth Act Numbered One hundred and thirty-two are mentioned as conditions for the franchise.