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MH, Inc. vs. MT, Inc.,Et. Al.

MIRA HERMANOS, INC., plaintiff-appellee, vs. MANILA TOBACCONISTS, INC., ET AL., defendants. PROVIDENT INSURANCE CO., defendant-appellant.

G.R. No. 48979 | 1943-09-29

D E C I S I O N

OZAETA, J:

This appeal has been certified to this Court by the Court of Appeals because it involves only a question of law arising from the following facts:

By virtue of a written contract (Exhibit A) entered into between Mira Hermanos, Inc., and Manila Tobacconists, Inc., the former agreed to deliver to the latter merchandise for sale on consignment under certain specified terms and the latter agreed to pay to the former on or before the 20th day of each month the invoice value of all the merchandise sold during the preceding month. Mira Hermanos, Inc., required of the Manila Tobacconists, Inc., a bond of P3,000, which...