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Sebastian Coscolluela vs. Tranquilino H. Valderrama

SEBASTIAN COSCOLLUELA, plaintiff-appellee, vs. TRANQUILINO H. VALDERRAMA, defendant-appellant.

G.R. No. L-13757 | 1961-08-31

D E C I S I O N


DIZON, J.:

Appellee Sebastian Coscolluela was the owner of the Escos Lumber Mill established in the municipality of Asia, Negros Occidental since the year 1950. It secured its logs and timber from a forest concession known as the Escos Concession, with an area of 11,600 hectares, situated in the same municipality, under an ordinary timber license renewable annually. Because of failing business, lack of capital and other factors, on October 11, 1952 appellee entered with appellant, also a concessionaire of forest land nearby, into a contract (Exhibit F) entitled "Cession and Assignment of Concession Rights and other...