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Philippine Trust Co. vs. Simeon Policarpio, Et Al.

PHILIPPINE TRUST COMPANY, plaintiff-appellee, vs. SIMEON POLICARPIO, MODESTA REYES and ILUMINADA (LUMEN) R. POLICARPIO, defendants- appellants.

G.R. No. L-22685 | 1969-08-25

D E C I S I O N 


BARREDO, J.: 

Appeal from the decision of the Court of First Instance of Manila (Branch XVII), in its Civil Case No. 41518, and the subsequent order modifying the dispositive portion thereof, sent to Us by the Court of Appeals, the amount involved therein being beyond the latter's appellate jurisdiction. 1 

The constitutive facts which are not disputed in this appeal are stated in the decision of the trial court thus: 

"From the evidence presented by the plaintiff, it appears that on May 23, 1958, defendant Iluminada (Lumen) R. Policarpio, as principal, and defendant spouses, Simeon Policarpio and Modesta...