AN ACT PRESCRIBING THE METHOD OF APPLYING TO GOVERNMENTS OF MUNICIPALITIES, EXCEPT THE CITY OF MANILA AND OF PROVINCES FOR FRANCHISES T CONSTRUCT AND OPERATE STREET RAILWAY, ELECTRIC LIGHT AND POWER AND TELEPHONE LINES, THE CONDITIONS UPON WHICH THE SAME MAY BE GRANTED, CERTAIN POWERS OF THE GRANTEES OF SAID FRANCHISES ANDOF GRANTEES OF SIMILAR FRANCHISES UNDER SPECIAL ACT OF THE COMMISSION, AND FOR OTHER PURPOSES.

AN ACT AMENDING ARTICLES SEVEN AND EIGHT OF SECTION TWO OF ACT NUMBERED TWENTY-ONE HUNDRED AND SIXTY-SEVEN, ENTITLED "AN ACT AUTHORIZING THE GRANTING OF A FRANCHISE TO DIVERT AND UTILIZE CERTAIN WATERS FOR THE PURPOSE OF GENERATING POWER FOR THE MAINTENANCE OF AN ELECTRIC LIGHT, HEAT, AND POWER SYSTEM AND TO INSTALL, OPERATE, AND MAINTAIN AN ELECTRIC LIGHT, HEAT AND POWER SUPPLY SYSTEM IN THE MUNICIPALITY OF LUKBAN, PROVINCE OF TAYABAS, AND FOR OTHER PURPOSES," BY EXTENDING THE TIME WITHIN WHICH THE CONSTRUCTION OF THE ELECTRIC SYSTEM PROVIDED FOR IN THIS ACT SHALL BE COMPLETED, AND EXTENDING THE TIME FOR THE REIMBURSEMENT TO THE GRANTEE FOR THE CASH, BONDS, OR OTHER SECURITIES DEPOSITED IN THE INSULAR TREASURY AS A GUARANTEE FOR THE PERFORMANCE OF THE CONDITIONS OF THE FRANCHISE.