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Act No. 2039 Section 12

Act No. 2039 Section 12

Section 12

SEC. 12. Within ninety days after the passage of this Act the grantee shall pay to the Insular Treasurer the sum of one hundred thousand pesos for and in consideration of the franchise herein granted, which shall be distributed as follows: Two-sixths to the Insular Government; three-sixths to the city of Manila; and one-sixth to remain in the Insular Treasury for four years, after which it shall be apportioned by the Governor-General equally between the municipalities of the Province of Rizal in which the gas service has been established.

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Other provisions in Act No. 2039

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 2039 Section 12 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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