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Carolina Industries, Inc. vs. CMS Stock Brokerage, Inc. 97 SCRA 734

CAROLINA INDUSTRIES, INC., petitioner, vs. CMS STOCK BROKERAGE, INC., (Formerly SISON, LUZ & JALBUENA INC), CARLOS MORAN SISON, LUIS F. SISON, and the HON. COURT OF APPEALS, respondents.

G.R. No. L-46908 | 1980-05-17

SECOND DIVISION
DECISION

ANTONIO, J.:

Petition for review of the decision of the Court of Appeals in CA-G.R. No. 55680-R, promulgated on April 19, 1977, affirming with modification the judgment of the Court of First Instance of Rizal, Branch VIII, in Civil Case No. 12850, entitled "Carolina Industries, Inc, vs. CMS Stock Brokerage, Inc. (Formerly Sison, Luz & Jalbuena, Inc.), Carlos Moran Sison and Luis F. Sison".

The factual findings of the Court of Appeals are as follows:

Defendant CMS Stock Brokerage, Inc. (formerly Sison, Luz & Jalbuena, Inc.), for the calendar year 1969, was a licensed securities broker and dealer...