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Eastboard Navigation Vs. Juan Ysmael And Company

EASTBOARD NAVIGATION, LTD., plaintiff-appellant, vs. JUAN YSMAEL and COMPANY, INC., defendant-appellant.

G.R. No. L-9090 | 1957-09-10

D E C I S I O N


BAUTISTA ANGELO, J.:

This is an appeal from a decision of the Court of First Instance of Manila ordering defendant to pay to plaintiff the sum of $53,037.89 as awarded by a board of arbitrators on June 20, 1950 and confirmed by the District Court of New York, U. S. A. on August 15, 1950, with legal interest thereon from December 5, 1950 until its payment, and the costs of suit.

The facts involved in this case which are necessary to be considered in this appeal are stated by the trial court in its decision which we find to be substantially correct. They are: "On July 25, 1949, Atkins, Kroll & Co., Inc., Manila, wrote...