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Veterans Federation of the Philippines vs CA, PNR, Chavez, et al

VETERANS FEDERATION OF THE PHILIPPINES, petitioner, vs. COURT OF APPEALS, PHILIPPINE NATIONAL RAILWAYS (PNR for short, formerly: MANILA RAILROAD COMPANY OF THE PHILIPPINES), LOURDES CHAVEZ, GODOFREDO CHAVEZ, VICENTE ALVERO, ROSITA VILLAMIN, JUANITO ALCANTARA, FLORENTINO GALANG, RUEL GALANG, LEOCADIO GUSTI, TIBURCIO DE LOS REYES, and FELIXBERTO COSICO, respondents.

G.R. No. 119281 | 2000-11-22

D E C I S I O N

YNARES-SANTIAGO, J.:

The object of the instant controversy is a parcel of land situated near the public market of San Pablo City, with an approximate area of 1,092 square meters. On the 6th of September 1963, the then owner, Manila Railroad Company of the Philippine Islands (now known as the Philippine National Railways or PNR) sold the subject property to the Veterans Federation of the Philippines (VFP for brevity) for the amount of One Thousand Ninety Two (P1,092.00) Pesos. The Absolute Deed of Sale executed by the parties described the subject property as follows:

"A parcel of land (Lot No. 1 of the consolidation and...