Back

Carcar Electric & Ice Plant Co. Vs. Collector Of Internal Revenue 100 Phil 50

CARCAR ELECTRIC & ICE PLANT CO., INC., petitioner, vs. THE COLLECTOR OF INTERNAL REVENUE, respondent.

G.R. No. L-9257 | 1956-10-17

D E C I S I O N


REYES, J. B. L., J.:

Petitioner Carcar Electric and Ice Plant Co., Inc. is the holder of a franchise from the government of the Philippines to operate an electric light, heat and power plant in the municipality of Carcar, province of Cebu (R. A. No. 444, passed on June 7, 1950).

Section 1 of said Act reads as follows:

"Sec. 1. Subject to the terms and conditions established in Act Numbered Thirty-six hundred end thirty-six, as amended by Commonwealth Act Numbered One hundred and thirty-two, and to the provisions of the Constitution, there is granted to the Carcar Electric and Ice Plant Co., Inc., for a period of...