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La Orden De People. Benedictinos De Las Islas Filipinas Vs. J. A. Stiver, Et Al. 093 Phil 341

LA ORDEN DE PEOPLE. BENEDICTINOS DE LAS ISLAS FILIPINAS, petitioner, vs. J. A. STIVER and THE PHILIPPINE TRUST COMPANY, respondents.

G.R. No. L-4568 | 1953-06-16

D E C I S I O N


PADILLA, J.:

This is a petition for review of an order of the Securities and Exchange Commission directing La Orden de PP. Benedictinos de Filipinas and the Philippine Trust Company as trustee (1) to issue in the name of J. A. Stiver an unregistered bond in the sum of P5,000 upon his filing of a security in such form and amount as may be required by the La Orden de PP. Benedictinos de Filipinas, unless he prefers to leave the replacement bond thus issued with the La Orden de PP. Benedictinos de Filipinas for a period of one year from the date of the order, in which case no security need be filed and (2) to submit a...