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La Orden De Padres Benedictinos De Filipinas vs. Phil. Trust Co.

LA ORDEN DE PADRES BENEDICTINOS DE FILIPINAS, petitioner-appellee, vs. THE PHILIPPINE TRUST COMPANY, oppositor-appellant.

G.R. No. L-2020 | 1949-12-29

D E C I S I O N

MONTEMAYOR, J p:

On July 30, 1947, petitioner La Orden de Padres Benedictinos de Filipinas, filed a petition in the Court of First Instance of Manila alleging that on September 24, 1934, it executed a Deed of Second Mortgage over parcels of land covered by certificates of title Nos. 22560 and 22539 of the City of Manila, in favor of oppositor and appellant, the Philippine Trust Company; that on June 19, 1944, the Philippine Trust Company received full payment of the loan according to a deed of cancellation issued on that date; that said deed of cancellation, however, contained some errors, first, that instead of...