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Board of Assessment Appeals, Q.C. vs. MERALCO 10 SCRA 68

BOARD OF ASSESSMENT APPEALS, CITY ASSESSOR and CITY TREASURER OF QUEZON CITY, petitioners, vs. MANILA ELECTRIC COMPANY, respondent.

G.R. No. L-15334 | 1964-01-31

D E C I S I O N 


PAREDES, J.: 

From the stipulation of facts and evidence adduced during the hearing, the following appear: 

On October 20, 1902, the Philippine Commission enacted Act No. 484 which authorized the Municipal Board of Manila to grant a franchise to construct, maintain and operate an electric street railway and electric light, heat and power system in the City of Manila and its suburbs to the person or persons making the most favorable bid. Charles M. Swift was awarded the said franchise on March 1903, the terms and conditions of which were embodied in Ordinance No. 44 approved on March 24, 1903. Respondent Manila...