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Commissioner Of Customs vs. Hon. Judge Gaudencio Cloribel, Et Al.

THE COMMISSIONER OF CUSTOMS, petitioner, vs. THE HONORABLE JUDGE GAUDENCIO CLORIBEL, Judge of the Court of First Instance of Manila, Branch VI, and HERMINIO G. TEVES, respondents.

G.R. No. L-20266 | 1967-01-31

D E C I S I O N 


SANCHEZ, J.: 

On June 30, 1960, respondent Herminio G. Teves entered into an agreement with the National Rice and Corn Corporation. 1 By virtue thereof, Teves was authorized "to act as Agent" of the Naric "in exporting" rice "as well as in importing the collateral goods" that will be brought in "thru barter under the NARIC Charter and the arrangements with other government agencies, as presently authorized and to buy the aforementioned collateral goods."
 
The foregoing notwithstanding, the same contract contains, amongst others, the following stipulations: 

"III. CONSIDERATIONS: 

(1) The price of the...