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Bernardino Piczon, Et Al. Vs. Court Of Appeals, Et Al.

BERNARDINO PICZON, ROMAN PICZON, and HEIRS OF TOMAS PICZON, petitioners, vs. COURT OF APPEALS and HEIRS OF ROSARIO C. PICZON, respondents.

G.R. Nos. 76378-81 | 1990-09-24

D E C I S I O N


FERNAN, J.:

The main issue in this case is whether or not the investment worth P65,944 representing 17,400 shares of stocks in Piczon and Company, Inc., a corporation engaged in the manufacture and sale of ice in the Province of Samar, is owned solely and exclusively by Esteban S. Piczon or is owned in common by the four brothers, Bernardino, Esteban, Roman and Tomas, all surnamed Piczon.

Substantially, the facts as found by the trial court are as follows:

Sometime in 1947 or 1948, the brothers Esteban, Roman, Tomas and Bernardino, all surnamed Piczon, ventured into the business of manufacturing ice with the use of a...