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Santamaria vs. Hongkong and Shanghai Banking Corp.

JOSEFA SANTAMARIA, assisted by her husband FRANCISCO SANTAMARIA, Jr., plaintiff-appellee, vs. The HONGKONG AND SHANGHAI BANKING CORPORATION and R. W. TAPLIN, defendants-appellants.

G.R. No. L-2808 | 1951-08-31

D E C I S I O N


BAUTISTA ANGELO, J.:

This is an appeal from a decision of the Court of First Instance of Manila ordering the Hongkong and Shanghai Banking Corporation to pay to the plaintiff the sum of P8,041.20 plus the costs of suit. The case was certified to this Court by the Court of Appeals.

The facts of this case as found by the Court of Appeals are as follows:

"Sometime in February, 1937, Mrs. Josefa T. Santamaria bought 10,000 shares of the Batangas Minerals, Inc. thru the offices of Woo, Uy-Tioco & Naftaly, a stock brokerage firm and paid therefor the sum of P8,041.20 as shown by receipt Exh. B. The buyer received Stock...