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de la Cruz, Epifanio, et al. Vs. Court of Appeals, et al.

SPOUSES EPIFANIO DE LA CRUZ and LIBRADA PRINCIPE, petitioners, vs. HONORABLE COURT OF APPEALS and PHILIPPINE NATIONAL BANK, respondents.

G.R. No. L-57454 | 1984-11-29

D E C I S I O N


CUEVAS, J.:

This is a Petition for Certiorari to review the decision of the respondent Court of Appeals (now Intermediate Appellate Court) in CA-G.R. No. 11682-SP, entitled "Spouses Epifanio de la Cruz and Librada Principe versus Hon. Jesus R. de Vega, the Provincial Sheriff of Bulacan and Philippine National Bank", dismissing the petition for lack of merit.

Stripped of non-essentials, hereunder are the facts that gave rise to the instant controversy.

Sometime in 1957, the herein petitioners applied for and were granted by the respondent Philippine National Bank (PNB) for short) - Malolos Branch, a loan of P20,000.00....