Back

Santos Guinsatao, et al vs. CA, et al.

SANTOS GUINSATAO and PACITA GUINSATAO, petitioners, vs. THE HON. COURT OF APPEALS, BATAAN DEVELOPMENT BANK, JEREMIAS DELA CRUZ, and ANTONIO PEREZ, respondents.

G.R. No. 95083 | 1993-02-09

D E C I S I O N

GRIá'O-AQUINO, J p:

This petition assails the decision dated June 14, 1990 of respondent Court of Appeals in CA-G.R. CV No. 148336, reversing the decision of the Regional Trial Court of Quezon City, Branch XIX, in favor of the plaintiffs now petitioners in Civil Case No. Q-41225 (except the part dismissing their counterclaims).

The following are the facts stated in the decision of the Court of Appeals:

On March 9, 1982, the plaintiffs spouses Santos and Pacita Guinsatao, the latter acting for herself and as attorney-in-fact of the defendant Hospicio Framo, applied with the defendant bank for a loan of P225,000.00 to be...