Title
Commonwealth Act No. 291
Date
Jun 9, 1938
Commonwealth Act No. 291 grants a thirty-day extension to the Ocmis Electric Service Company to fulfill the requirements of their franchise for electric light, heat, and power service in Oroquieta, Province of Occidental Misamis, as outlined in Acts Numbered Thirty-six hundred and forty-five and Thirty-nine hundred and fifty-one.
Font Size:

Law Summary

Overview

Commonwealth Act No. 291, enacted on June 9, 1938, grants a thirty-day extension to the Ocmis Electric Service Company to fulfill requirements related to its franchise for electric services in Oroquieta, Province of Occidental Misamis.

Extension of Compliance Period

  • Legal Principle: The Act provides an extension for compliance with specific legislative requirements.
  • Key Definitions:
    • Ocmis Electric Service Company: The franchisee granted the right to operate an electric service in Oroquieta.
    • Acts Numbered 3645 and 3951: Previous legislative acts establishing the requirements for the franchise.
  • Requirements:
    • The company must comply with the terms and conditions outlined in Acts 3645 and 3951, which pertain to the franchise acceptance, deposit, and other regulatory requirements.
  • Timeframes:
    • The extension is granted for an additional thirty days from the date of approval of the Act.
  • Consequences:
    • Failure to comply within the extended timeframe may result in the forfeiture of the franchise rights as per the original acts.

Conditions of Franchise

  • Legal Principle: The franchise granted to the Ocmis Electric Service Company is subject to constitutional limitations.
  • Requirements:
    • The franchise must operate within the constraints provided by the Philippine Constitution.

Effectivity

  • Legal Principle: The Act becomes effective immediately upon its approval.
  • Timeframes:
    • The approval date is the determinant for the commencement of the thirty-day compliance extension.

Key Takeaways

  • Commonwealth Act No. 291 allows the Ocmis Electric Service Company thirty additional days to comply with the requirements of Acts 3645 and 3951 regarding its electric service franchise.
  • The compliance period begins upon the Act's approval, which occurred on June 9, 1938.
  • The franchise is subject to constitutional limitations, underscoring the need for adherence to broader legal standards.
  • Immediate effectivity upon approval ensures urgency in compliance efforts by the Ocmis Electric Service Company.

Analyze Cases Smarter, Faster
Jur is an AI-powered legal research tool in the Philippines with case digests and full jurisprudence. AI summaries highlight key points but may miss details, so always refer to the full text for accuracy.

You can use Jur as a traditional legal research tool. Click to only show full texts.

About Privacy Terms