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de Jesus vs. Grey, Jr., et al

PRUDENCIO DE JESUS, plaintiff-appellant, vs. FERNANDO GREY, Jr., and THE PHILIPPINE POSTAL SAVINGS BANK, defendants. FERNANDO GREY, Jr., appellant.

G.R. No. 39996 | 1934-03-28

D E C I S I O N


IMPERIAL, J:

On September 16, 1929, the plaintiff, who is the father-in-law of the defendant Grey, executed in favor of the latter a power of attorney to sell or mortgage two parcels of land, with the improvements thereon, belonging to the former and described in transfer certificate of title No. 14194, issued in the plaintiff's name. The instrument thus executed was recorded in the registry of deeds of the City of Manila on October 8th of the same year. By virtue of the said power of attorney, the defendant, on October 10, 1929, executed a mortgage deed whereby he constituted a mortgage for P12,000 on the said property...