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Go Kiam Co Vs. Lim Tuico Et Al. 037 Phil 283

GO KIAM CO, plaintiff-appellee, vs. LIM TUICO ET AL., defendants-appellants.

G.R. No. L-11717 | 1917-12-06

D E C I S I O N


JOHNSON, J.:

The only question presented by this appeal is, whether or not, in an action, by different creditors, against the same debtor, the preference, which is conceded to the vendor of personal property over the creditors is measured by the value of the goods sold at the time of the sale or by the amount received by the sheriff at the public sale of the same. In other words, for example, A and B are common creditors of C. C is insolvent. B obtains a judgment and secures an order for the sale of the personal property of C. A presents a claim based upon his preference under paragraph 1 of article 1922 of the Civil...