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de la Cruz vs. Buenaventura

CATALINA DE LA CRUZ, petitioner, vs. EMIGDIO BUENAVENTURA, respondent.

G.R. No. 46634 | 1940-06-27

D E C I S I O N


LAUREL, J:

On May 16, 1917, Emigdio Buenaventura approached Catalina de la Cruz for a loan of P250. The later agreed to grant Emigdio's request on condition that interest at the rate of 15 per cent per annum would be paid. Under the same date and at the instance of Catalina de la Cruz, Emigdio signed a document, Exhibit A, purporting to be a pacto de retro sale by which he conveyed to Catalina, in consideration of the sum of P250, his one-half undivided interest in a certain parcel of land situated in the barrio of Tangos, municipality of Navotas, Province of Rizal. Though this document bore the date of May 16, 1917, the...