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Ocejo Vs. International Banking Corp. 037 Phil 631

OCEJO, PEREZ & CO., plaintiff-appellee, vs. THE INTERNATIONAL BANKING CORPORATION, defendant-appellant. FRANCISCO CHUA SECO, as assignee, intervener-appellant.

G.R. No. L-10658 | 1918-02-14

D E C I S I O N


FISHER, J .:

On the 7th of March, 1914, Chua Teng Chong of Manila, executed and delivered to the International Banking Corporation, hereinafter Corporation, hereinafter referred to as "the bank," a promissory note, payable one month after date, for the sum of promissory note, payable one month after, for the sum of P20,000. Attached to this note was another private documents, signed Chua Teng Chong, in which it was stated that he had deposited with the bank, as security for the said note, 5,000 piculs of sugar, which in said document were said to be stored in a warehouse situated at No. 1008, Calle Toneleros, Binondo...