Back

Anselmo H. Shotwell Vs. Amalia Urquico De Lazatin, Et Al.

Testate Estate of the late Isabel de Rohde thru the executor ANSELMO H. SHOTWELL, plaintiff-appellee, vs. Intestate Estate of the late Manuel Urquico, represented by AMALIA URQUICO DE LAZATIN, Administratrix, et al., defendants-appellants.

G.R. No. L-6833 | 1955-10-10

D E C I S I O N


MONTEMAYOR, J.:

This is an appeal by the defendants from the decision of the Court of First Instance of Tarlac dated April 18, 1953. Because of the amount involved the appeal was brought directly to this Tribunal. There is no dispute as to the following facts. To secure the payment of the sum of P77,500 which he owed William J. Rohde, Manuel Urquico executed on October 25, 1927 a mortgage (Exhibit A) on his properties covered by Transfer Certificates of Title Nos. 126 and 1275. The loan bore interest at 10% per annum. The mortgage was inscribed on the corresponding transfer certificates of title. Because of partial...