AN ACT AUTHORIZING THE SALE, TRANSFER AND CONVEYANCE TO THE VISAYAN ELECTRIC CO., INC., OF THE FRANCHISE AND ALL THE PROPERTIES AND RIGHTS ACQUIRED THEREUNDER OF THE VISAYAN ELECTRIC CO., S.A., GRANTED UNDER ACT NUMBERED THIRTY-FOUR HUNDRED NINETY-NINE, TO OPERATE, AND MAINTAIN AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE CITY OF CEBU AND IN THE MUNICIPALITIES OF TALISAY, MINGLANILLA, NAGA, SAN FERNANDO, MANDAWE, CONSOLACION, LILOAN AND COMPOSTELA, ALL IN THE PROVINCE OF CEBU.

AN ACT GRANTING VISAYAN ELECTRIC COMPANY, INC., A FRANCHISE FOR ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE CITY OF DUMAGUETE AND IN THE MUNICIPALITIES OF BACONG, DAUIN AND VALENCIA, ALL IN THE PROVINCE OF ORIENTAL NEGROS.