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[3/4] Asiatic Integrated Corporation vs. Alikpala, et al

[3/4] ASIATIC INTEGRATED CORPORATION, petitioner, vs. HON. FEDERICO ALIKPALA, in his capacity as Presiding Judge of the Court of First Instance of Manila, Branch XXII, DOLORSINDO PANER and ARMANDO CAPISTRANO, respondents./THE CITY OF MANILA, RAMON D. BAGATSING

G.R. No. L-37187 | 1975-09-15

Part III


WHEREAS, on the 28th day of December 1972, under authority of existing laws, the parties hereto entered into a Management and Operating Contract, the same providing among others, in numbered paragraphs I and XV thereof, the following:

Paragraph I

'That the SECOND PARTY shall conduct, manage, operate, develop and maintain the city public markets and talipapas enumerated in Annex "A" hereof for a period of ten (10) years commencing from the date of execution of this Contract. Provided, however, that the FIRST PARTY may at any time during the lifetime of this Contract revoke the same (if the services are unsatisfactory) or for...