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Manuel Chua Kay Vs. Lim Chang 099 Phil 75

MANUEL CHUA KAY, petitioner, vs. LIM CHANG, respondent.

G.R. No. L-5995 | 1956-05-18

D E C I S I O N


PARAS, J.:

According to the Court of Appeals, "it is clearly established by the evidence that on May 8, 1941, defendant Manuel Chua Kay in consideration of P17,000 executed a deed of mortgage in favor of Lim Chang over his five parcels of land described in Transfer Certificates of Title Nos. 52317 and 32915 of Manila and Rizal, respectively, at 12 per cent interest per annum, payable within one year from the date of execution (Exhs. '1' and 'A-1'); that on September 19, 1941, Manuel Chua Kay executed another deed of mortgage on the four parcels of land described in the aforementioned Transfer Certificate of Title No....