El Banco Espanol-Filipino vs. Palanca 37 Phil 921

EL BANCO ESPANOL-FILIPINO, plaintiff-appellee, vs. VICENTE PALANCA, administrator of the estate of Engracio Palanca Tanquinyeng, defendant-appellant.

G.R. No. L-11390 | 1918-03-26

Service of summons, summary of rules
Due Process; Procedural and substantive

Procedural due process
Preliminary attachment
Attachment when considered quasi in rem
Attachment of property against non-resident defendant, outside the country
Jurisdiction over a non-resident defendant, outside the country in an action in personam, how acquired
Preliminary attachment against a non-resident defendant, outside the country

D E C I S I O N

STREET, J .:

This action was instituted upon March 31, 1908, by "El Banco Español-Filipino" to foreclose a mortgage upon various parcels of real property situated in the city of Manila. The mortgage in question is dated June 16, 1906, and was executed by the original defendant herein, Engracio Palanca Tanquinyeng y Limquingco, as security for a debt owing to him to the bank. Upon March 31, 1906, the debt amounted to P218,294.10 and was drawing interest at the rate of 8 per centum per annum, payable at the end of each quarter. It appears that the parties to this mortgage at that time estimated the value of the...