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Republic vs. CFI, Br. III of Negros Occidental [DECISION]

REPUBLIC OF THE PHILIPPINES, plaintiff-appellee, vs. THE COURT OF FIRST INSTANCE, BRANCH III, NEGROS OCCIDENTAL, and DOLORES INFANTE, defendants-appellees.

G.R. No. L-29725 | 1983-01-27

D E C I S I O N
 
RELOVA, J.:
 
In 1943 defendant Dolores Infante obtained loans from the Bank of Taiwan, Ltd., payable at its office in Bacolod City in the total amount of P683.10 with interest at the rate of six percent per annum, compounded quarterly.
 
On September 15, 1961, plaintiff Republic of the Philippines filed a complaint in the Justice of the Peace Court of Villadolid, Negros Occidental, to collect from the defendant the said amount of P683.10. The defendant moved to dismiss the complaint on the ground of prescription. The Justice of the Peace of Villadolid, after hearing, dismissed the case on the ground that the...