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Sofia Magtira vs. Court of Appeals, et al.

SOFIA MAGTIRA, petitioner, vs. THE HONORABLE COURT OF APPEALS and ZACARIAS PANGAN, respondents.

G.R. No. L-27547 | 1980-03-31

D E C I S I O N


MELENCIO-HERRERA, J.:

A Petition for Review on Certiorari of the Decision of the Court of Appeals affirming the trial Court Decision and holding that the contract between the parties was one of pacto de retro and not of equitable mortgage, to which we gave due course in a Resolution dated May 22, 1967.

The parcel of riceland in controversy, situated in Barrio Santo Rosario, Paombong, Bulacan, measuring approximately 3,412 square meters, belonged to ISIDORO Magtira who died intestate in 1953 leaving petitioner, SOFIA Magtira, as his sole heir.

On February 8, 1926, ISIDORO Magtira,, for and in consideration of the amount...