Back

Rizal Surety & Insurance Co. Vs. Marciano De La Paz 095 Phil 90

RIZAL SURETY & INSURANCE CO., plaintiff-appellee, vs. MARCIANO DE LA PAZ, ET AL., defendants, appellants-appellees. MARCIANO DE LA PAZ and DOMINGO LEONOR, defendants-appellants.

G.R. No. L-6463 | 1954-05-26

D E C I S I O N


PARAS, C.J.:

On March 22, 1950, the plaintiff Rizal Surety and Insurance Company filed a complaint in the Court of First Instance of Manila, alleging that the sum of P20,000 was due and payable to the Federal Films, Inc., as proceeds of fire insurance covering a theater situated in Marikina, Rizal, which was destroyed by fire on February 1, 1947; that as several creditors of the insured, namely, Marciano de la Paz, Domingo Leonor, Jose Santos and Dominador Nepomuceno, Pablo Roman, Serapion D. Yñigo, and the Collector of Internal Revenue, were claiming said proceeds from the plaintiff, the latter had no means of...