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Eufracio D. Rojas vs. Constancio B. Maglana

EUFRACIO D. ROJAS, plaintiff-appellant, vs. CONSTANCIO B. MAGLANA, defendant-appellee.

G.R. No. 30616 | 1990-12-10

D E C I S I O N

PARAS, J.:

This is a direct appeal to this Court from a decision ** of the then Court of First Instance of Davao, Seventh Judicial District, Branch III, in Civil Case No. 3518, dismissing appellant's complaint.

As found by the trial court, the antecedent facts of the case are as follows:

On January 14, 1955, Maglana and Rojas executed their Articles of Co-Partnership (Exhibit "A") called Eastcoast Development Enterprises (EDE) with only the two of them as partners. The partnership EDE with an indefinite term of existence was duly registered on January 21, 1955 with the Securities and Exchange Commission.

One of the...