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National Development Company Vs. Jose Yulo Tobias117 Phil. 703

NATIONAL DEVELOPMENT COMPANY, represented by its Agent, THE PHILIPPINE NATIONAL BANK, plaintiff-appellant, vs. JOSE YULO TOBIAS, defendant-appellee.

G.R. No. L-17467 | 1963-04-23

D E C I S I O N 


CONCEPCION, J.: 

Appeal taken by plaintiff, National Development Company, represented by its agent, The Philippine National Bank, from an order of the Court of First Instance of Negros Occidental dismissing plaintiff's complaint upon the ground of prescription of action, without special pronouncement as to costs. 

In said complaint, filed on March 22, 1960, plaintiff seeks to recover from defendant, Jose Yulo Tobias, the sum of P6,905.81, plus interest and attorney's fees, under a promissory note of said defendant, dated and issued on May 13, 1946, for the order of said plaintiff. Upon being summoned, the...