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Jose Ponce De Leon Vs. Santiago Syjuco 090 Phil 311

JOSE PONCE DE LEON, plaintiff-appellant, vs. SANTIAGO SYJUCO, INC., defendant-appellant, PHILIPPINE NATIONAL BANK, defendant-appellee.

G.R. No. L-3316 | 1951-10-31

D E C I S I O N


BAUTISTA ANGELO, J.:

This is an appeal from a decision of the Court of First Instance of Manila absolving defendant Santiago Syjuco, Inc. of the complaint and condemning the plaintiff to pay to said defendant the sum of P18,000 as principal and the further sum of P5,130 as interest thereon from August 6, 1944, to May 5, 1949, or a total of P23,130, Philippine currency, with interest thereon at the rate of 6% per annum from May 6, 1949, until said amount is paid in full, with costs against the plaintiff.

The facts of this case as reflected in the pleadings and the evidence, stripped of unnecessary details, are well...