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PNB vs. Pedro C. Relativo, Et Al. 092 Phil 203

PHILIPPINE NATIONAL BANK, plaintiff-appellee, vs. PEDRO C. RELATIVO, ET AL., defendants-appellants.

G.R. No. L-5298 | 1952-10-29

D E C I S I O N


BENGZON, J.:

The defendant-appellant Pedro C. Relativo owed the Philippine National Bank the sum of P600 for which he executed a promissory note jointly and severally, with two other persons, now dead. The debt was payable within six months counted from February 12, 1947.

In this suit by the Bank for collection, he asserts the obligation has already been paid because, on June 23, 1949 "he presented himself at the Naga Agency of the plaintiff and tendered payment of the loan out of a check for P5,000 issued by the U. S. Treasury in favor of Bernarda Vda. de Rullas, who then accompanied said defendant, demanding that her...