Section 8
SEC. 8. Said grantee shall file his acceptance of this franchise with the Secretary of Commerce and Communications within ninety days from the date thereof, shall commence work within six months' time from and after the date of filing such acceptance, unless prevented by act of God or force majeure, usurped or military power, martial law, riot or civil commotion or other inevitable cause and shall complete the system and have the same in operation within eighteen months from the date of such acceptance, and shall thereafter maintain a first-class electric light, heat, and power service; and in consideration of the franchise hereby granted the grantee shall allow the municipality a rebate of ten per centum on all current consumed and shall bind himself, further, to install all electric connections and wires for the lighting of the streets, markets, and all public places of said municipality, except the globes, which shall be furnished by the municipality, and shall pay quarterly into the treasury of Tacloban one-half of one per centum of the gross earnings of the enterprise during the first twenty years, and one and one-half per centum during the remaining thirty years of the life of this franchise.