Be it evaded by the Senate and House of Representatives of the Philippines in Legislature assembled and by the authority of the same:

SECTION 1. It shall be unlawful for any individual co-partnership, association, corporation, or joint stock company, doing business as a "public utility" as the same is defined by section thirteen of Act Numbered Thirty-one hundred and eight, as amended, to engage in or aid, by means of contribution in cash or otherwise, any political movement.

SEC. 2. Any individual who as an officer, agent, director, partner or member of any public utility violates the provisions of this Act shall be guilty of a misdemeanor and upon conviction thereof shall be punished by a fine of not exceeding six hundred pesos, or by imprisonment not exceeding six months, or by both such fine and imprisonment,  the discretion of the court; and conviction of violation of the provisions of this Act by any such officer, agent, director, partner or member of any public utility shall be sufficient cause for the cancellation of any franchise held by such public utility upon proceedings instituted by the Attorney-General in a court of competent jurisdiction.

SEC. 3. This Act shall take effect on its approval.

Approved, December 5, 1927.