Section 1
SECTION 1. Subject to the provisions of the Constitution and to the terms and conditions established in Act Numbered Thirty-six hundred and thirty-six, as amended by Commonwealth Act Numbered one hundred and thirty-two, there is granted to the Calbayog Electric Power, Inc., for a period twenty-five years from the date of approval of this Act , privilege and authority to construct, operate and maintain an electric light, heat and/or power system for purpose of generating and distributing electric light, heat and/or power for sale within the City of Calbayog and its suburbs.