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Enrique Kare Vs. Jose H. Imperial

ENRIQUE KARE and HONESTO B. BAUSA, petitioners, vs. JOSE H. IMPERIAL, JR., Judicial Executor of the Testate Estate of Jose F. Imperial, Samson in substitution of the latter and the COURT OF APPEALS, respondents.

G.R. No. L-7906 and L-10176 | 1957-10-22

D E C I S I O N


MONTEMAYOR, J.:

On June 12, 1944, Jose F. Imperial Samson (now deceased) executed a document entitled "Escritura de Venta con Pacto de Retro", conveying to Buensoselita Morales a lot in the poblacion of Tabaco, Albay, with an area of about 1,000 square meters with a building of strong material on it, for the sum of P25,000 (apparently Japanese military notes). The period for redemption is expressed in the third paragraph of the deed, Which we quote below:

"3. Que la SEGUNDA PARTE por la presente concede a la PRIMERA PARTE el derecho de recomprar la propiedad arriba mencionada, entendiendose expresamente sin embargo,...