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PNB vs. Manila Investment & Construction, et al.

PHILIPPINE NATIONAL BANK, plaintiff-appellee, vs. MANILA INVESTMENT & CONSTRUCTION, INC. AND CIPRIANO S. ALLAS, defendants-appellants.

G.R. No. L-27132 | 1971-04-29

D E C I S I O N


DIZON, J:

In Civil Case No. 33074 of the Court of First Instance of Manila, Branch XV entitled "Philippine National Bank vs. Manila Investment & Construction, Inc., et al.," decision was rendered on December 26, 1957, its dispositive portion being partly as follows:

"IN VIEW WHEREOF, judgment in rendered condemning defendants, jointly and severally, to pay plaintiff:

(1) Under the first cause of action the sum of P88,939.48 with daily interest of P12,77385 plus 1/4% commission or P194.6689 for every 30 days or a fraction thereof, plus 10% on the principal as attorney's fees and the cost;

(2) On the second cause of...