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Tec Bi & Co. vs. The Chartered Bank of India, Australia and China

TEC BI & CO., plaintiff-appelle, vs. THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA, Defendant-Appellant.

G.R. No. L-9802 | 1916-02-05

EN BANC

CARSON, J.:

The following statement of the facts upon which this case was submitted in the court below is taken literally from the brief of counsel for the appellant:

This is an action to recover from the defendant bank the sum of P11,572.96, the amount of a judgment recovered by the plaintiff against "La Urania Cigar Factory (Ltd.)," and for which the plaintiff seeks to hold the defendant liable by virtue of an attempted levy of attachment upon certain leaf tobacco in the possession of the defendant bank under a pledge executed by the said "La Urania Cigar Factory (Ltd.)." The Tobacco being pledged for an amount...