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Yatco vs. El Hogar Filipino

FRANCISCO YATCO, as guardian of Maria Jacoba Cruz, plaintiff-appellee, vs. EL HOGAR FILIPINO, defendant-appellant

G.R. No. 45694 | 1939-04-27

D E C I S I O N


LAUREL, J:

It is alleged in the complaint that plaintiff Francisco Yatco, as guardian of Maria Jacoba Cruz, subscribed to sixty paid-up shares of the defendant El Hogar Filipino a- P200 each or for the total sum of P12,000, and was accordingly issued Stock Certificate No. 459, Series C-50 of the defendant corporation. Plaintiff gave twelve months' notice to the defendant on December 6, 1933 for the surrender of the stock in the name of Maria Jacoba Cruz and the refund of its value in the sum of P12,000 together with the fixed dividend of 6 per cent per annum in accordance with the terms of her stock certificate. The...