REPUBLIC ACT NO. 2012 - AN ACT INCREASING THE AUTHORIZED CAPITAL STOCK OF THE MANILA RAILROAD COMPANY OF THE PHILIPPINE ISLANDS TO ONE HUNDRED FIFTY MILLION.PESOS.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
SECTION 1. To enable it to fully rehabilitate its lines and equipment, to extend its road and to attain the purposes and objectives for which it was created, the authorized capital stock of the Manila Railroad Company of the Philippine Islands is hereby increased from fifty million pesos to one hundred fifty million pesos: Provided, That forty million pesos shall be for the railway project in Mindanao and thirty million pesos for the extension of the Panay Railway from the Municipality of Cuartero, Capiz, to the Municipality of Pandan, Antique.
SEC. 2. This Act shall take effect upon its approval.
Approved, June 22, 1957.
More in Republic Acts
- REPUBLIC ACT NO. 8124, July 16, 1995(REPUBLIC ACT No. 8124)
- REPUBLIC ACT NO. 212, June 01, 1948(REPUBLIC ACT No. 212)
- REPUBLIC ACT NO. 104, June 02, 1947(REPUBLIC ACT No. 104)
- REPUBLIC ACT NO. 9156, August 11, 2001(REPUBLIC ACT No. 9156)
- REPUBLIC ACT NO. 5266 - AN ACT ESTABLISHING A FISHERY STATION AT SAGAY, CAMIGUIN, MISAMIS ORIENTAL, TO BE KNOWN AS SAGAY FISHERY STATION AND AUTHORIZING THE APPROPRIATION OF FUNDS THEREFOR.(REPUBLIC ACT No. 5266)
- REPUBLIC ACT NO. 9796, November 19, 2009(REPUBLIC ACT No. 9796)
- REPUBLIC ACT NO. 10773 - AN ACT RENEWING FOR ANOTHER TWENTY-FIVE (25) YEARS THE FRANCHISE GRANTED TO EAGLE BROADCASTING CORPORATION AS PROVIDED UNDER REPUBLIC ACT NO. 7299(REPUBLIC ACT No. 10773)
- REPUBLIC ACT NO. 410 - AN ACT TO AMEND SECTION NINETEEN HUNDRED AND THIRTY-TWO OF THE REVISED ADMINISTRATIVE CODE, SO AS TO PROVIDE FOR THE ASSIGNMENT AND FIXING OF COMPENSATION OF INSPECTORS OF THE BUREAU OF POSTS, AND FOR OTHER PURPOSES.(REPUBLIC ACT No. 410)
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.