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Philippine National Bank Vs. Gabimo Barreto, Et Al. 052 Phil 818

PHILIPPINE NATIONAL BANK, plaintiff-appellee, vs. GABIMO BARRETO ET AL., defendants. GABINO BARRETO, appellant.

G.R. No. 30073 | 1929-02-21

D E C I S I O N


VILLAMOR, J.:

The defendant Gabino Barreto executed a mortgage on a property situated in the City of Manila in favor of the plaintiff in order to secure any sum which he or the partnership Gabino Barreto & Co., Ltd., might owe the plaintiff (Exhibit B). The debt of the partnership Gabino Barreto & Co., Ltd., and of defendants Gabino Barreto Po E. Jap, and Po E. Soon not having been paid in due time, said plaintiff-appellee filed a complaint with the Court of First Instance of Manila for the foreclosure of the mortgage. The Court of First Instance of Manila ordered the defendants to pay the plaintiff jointly and severally...