Back

National Loan and Investment Board vs. Meneses

THE NATIONAL LOAN AND INVESTMENT BOARD, plaintiff-appellees, vs. LUIS MENESES, defendant-appellant.

G.R. No. 46029 | 1939-04-24

D E C I S I O N


CONCEPCION, J:

This is an appeal from the decision of the Court of First Instance of Manila, confirming the public sale made in favor of the plaintiff-appellee, National Loan and Investment Board, of the property mortgaged to it. The appellant opposed the confirmation of the said sale: (1) Because the judgment of the court had not ordered the foreclosure of the mortgage, and the order of execution not being in accordance with and in excess of said judgment, is null and void; and (2) because the price of the sale whereby the property was adjudicated to the plaintiff-appellee, as the highest bidder, is inadequate.

As to...