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Philippine National Bank Vs. Luzon Surety Company 103 Phil 853

PHILIPPINE NATIONAL BANK, plaintiff-appellee, vs. LUZON SURETY COMPANY, INC., defendant-appellant.

G.R. No. L-11112 | 1958-05-28

D E C I S I O N


BAUTISTA ANGELO, J.:

This is an appeal from a judgment of the Court of First Instance of Nueva Ecija "declaring that the Philippine National Bank had acquired absolute ownership of the rights, interests, and participation of the spouses Paulino Candelaria and Dionisia Tecson in the parcels of land covered by Transfer Certificate of Title No. T- 6241 now Transfer Certificate of Title No. T-12343 and Transfer Certificate of Title No. T-6242 now Transfer Certificate of Title No. T-12344; declaring that the defendant Luzon Surety Company acquired nothing by virtue of the final bill of sale executed in its favor by the...