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Philippine Refining Company, Inc. Vs. Cesar Ledesma 088 Phil 569

PHILIPPINE REFINING COMPANY, INC., plaintiff-appellant, vs. CESAR LEDESMA, defendant-appellee.

G.R. No. L-2913 | 1951-04-27

D E C I S I O N


BENGZON, J.:

The plaintiff has appealed from a decision of the Court of First Instance of Rizal refusing to compel the defendant Cesar Ledesma to repay a mortgage debt already paid during the Japanese occupation.

It appears that on February 15, 1939, the Philippine Refining Company, a domestic corporation, sold to the defendant Cesar Ledesma, a Filipino citizen, three parcels of land in Parañaque, Rizal, for the total sum of P413,644. The purchaser delivered P103,411 in cash, and for the balance he executed six promissory notes each for the amount of P51,705.50, maturing successively on February 15 of the years...