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Geo. M. Lack, Et Al. Vs. Pantaleona Alonso Y San Luis, Et Al.

GEO. M. LACK and J.L. DAVIS, plaintiffs-appellees, vs. PANTALEONA ALONSO Y SAN LUIS, ET AL., defendants-appellants.

G.R. No. 4667 | 1909-12-18

D E C I S I O N


TORRES, J.:

By means of an instrument dated July 30, 1904, the International Banking Corporation opened an account with Maximiano Rosales y Concepcion, crediting him with the amount of P25,000. As security for any obligation that might be contracted by virtue of the said credit, Rosales expressly and specifically mortgaged a piece of property owned by him, consisting of a building lot and a house of mixed materials thereon at No. 464 Calle Real, Malate.

Pablo Reyes, in agreement with the manager of said bank, Arthur P. Bullen, and the above-named Rosales, as well as Pantaleona Alonso y San Luis de Rosales, the latter...