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Lucena & Parales vs CA & Rural Bank of Naujan, etal

EDUARDO LUCENA and NATIVIDAD PARALES, petitioners, vs. COURT OF APPEALS and RURAL BANK OF NAUJAN, INC., ROGELIO PINEDA, MARIANITO BAJA, PATRICIA ARAJA, BRAULIO BAGUS, REYNALDO MAMBIL and RAMON GARCIA, respondents.

G.R. No. L-77468 | 1999-08-25

D E C I S I O N


QUISUMBING, J.:

This is a petition for review of the Decision dated January 20, 1987 of the Court of Appeals in CA - G.R. CV No. 65526-R entitled Eduardo Lucena, et al. vs. Rural Bank of Naujan, Inc., et al. as well as its Resolution dated February 16, 1987 denying petitioners' motion for reconsideration.1 [Rollo, p. 18-25.] The assailed decision reversed the judgment of the then Court of First Instance of Oriental Mindoro in Civil Case No. R-3004, "Eduardo Lucena, et al. vs. Rural Bank of Naujan, et al. (Reconveyance with Damages)" and dismissed herein petitioners' complaint.2 [Records, pp. 47-58.]

The factual...