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J.R.S. Business Corp., Et Al. vs. Imperial Ins., Inc., Et Al.120 Phil. 618

J.R.S. BUSINESS CORPORATION, J. R. DA SILVA and A. J. BELTRAN, petitioners, vs. IMPERIAL INSURANCE, INC., MACARIO M. OFILADA, Sheriff of Manila and Hon. AGUSTIN MONTESA, Judge of the Court of First Instance of Manila, respondents.

G.R. No. L-19891 | 1964-07-31

D E C I S I O N 


PAREDES, J.: 

 Petitioner J. R. Da Silva, is the President of the J. R. S. Business Corporation, an establishment duly franchised by the Congress of the Philippines, to conduct a messenger and delivery express service. On July 12, 1961, the respondent Imperial Insurance, Inc., presented with the CFI of Manila a complaint (Civ. Case No. 47520), for sum of money against the petitioner corporation. After the defendants therein have submitted their Answer, the parties entered into a Compromise Agreement, assisted by their respective counsels, the pertinent portions of which recite: 

"1) WHEREAS, the DEFENDANTS...