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Jose Carandang, etal. Vs. Court of Appeals, etal.

JOSE CARANDANG and BENITA CARANDANG, petitioners, vs. COURT OF APPEALS, RURAL BANK OF LUCENA, INC., APRONIANO MLS. MAGSINO, CENTRAL BANK OF THE PHILIPPINES, HONESTO, FRANCISCO, and CARLOTA P. VALENZUELA, respondents.

G.R. No. L-44932 | 1988-04-15

D E C I S I O N


GANCAYCO, J.:

Before Us is a petition for review of the decision of the Court of Appeals in CA-G.R. No. 58421-R 1 dated August 16, 1976, and its Resolution of October 11, 1976, affirming the Resolution of the then Court of First Instance of Laguna in Civil Case No. SP-1029 declaring itself to be without jurisdiction to entertain petitioners' complaint for cancellation and nullification of the promissory note and the deed of mortgage allegedly executed by petitioners in favor of Rural Bank of Lucena, Inc. which said court declared earlier to be a forgery in its Decision of September 10, 1974.

The Rural Bank of Lucena,...