SEC. 3. It is expressly provided that in the event the Government should desire to maintain and operate itself the plant and enterprise herein authorized, the grantee shall surrender her franchise and will turn over to the Government all serviceable equipment therein cost, less reasonable depreciation.
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
CitationRA 1840 Section 3 (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).
