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Lao Chit Vs. Security Bank & Trust Co., Et Al. 105 Phil 490

LAO CHIT, plaintiff-appellee, vs. SECURITY BANK & TRUST CO. and CONSOLIDATED INVESTMENT, INC., defendants-appellants.

G.R. No. L-11028 | 1959-04-17

D E C I S I O N


CONCEPCION, J.:

In May, 1949, the Consolidated Investments, Inc., hereafter referred to as the lessor, leased to Domingo T. Dikit part of the lobby, on the ground floor of the Consolidated Building, at Plaza Goiti, Manila, to be used as offices of a proposed Bank of Manila, then being organized by said Dikit and one Jose Silva. Pursuant to the lease contract between the parties (Exhibit 2, 2-A and 2-B), the lessee undertook to construct, at the expense thereof, such walls, partitions and other improvements as may be necessary to make the leased premises suitable for banking purposes, and such partitions and improvements...