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Phil. Nat'l Bank vs. Augusto M. Amores, etal.

PHILIPPINE NATIONAL BANK, petitioner, vs. HON. AUGUSTO M. AMORES, Presiding Judge, Court of First Instance of Manila, Branch XXIV, MAXIMO KALAW INVESTMENT CORPORATION, and AUGUSTO KALAW, respondents.

G.R. No. L-54551 | 1987-11-09

D E C I S I O N


SARMIENTO, J.:

The instant petition seeks to review on a pure question of law the decision 1 dated July 8, 1980 of the then Court of First Instance of Manila, Branch XXIV, granting the declaratory relief prayed for in Civil Case No. 124328. 2 The dispositive portion of the decision reads:

PREMISES CONSIDERED, the Court finding the complaint to be meritorious, hereby grants the same and declares that pursuant to the provisions of Section 80 of Republic Act No. 3844, as amended by Presidential Decree 251, defendant Philippine National Bank must accept, as of date of payment, the entire P130,000.00 of Land Bank bonds paid...