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Marcelino B. Florentino Vs. Philippine National Bank 098 Phil 959

MARCELINO B. FLORENTINO and LOURDES T. ZANDUETA, petitioners-appellants, vs. PHILIPPINE NATIONAL BANK, respondent-appellee.

G.R. No. L-8782 | 1956-04-28

D E C I S I O N


JUGO, J.:

The petitioners and appellants filed with the Court of First Instance of La Union a petition for mandamus against respondent and appellee, Philippine National Bank, to compel it to accept the backpay certificate of petitioner Marcelino B. Florentino issued to him by the Republic of the Philippines, to pay an indebtedness to the Philippine National Bank in the sum of P6,800 secured by a real estate mortgage on certain properties.

The case was submitted on an agreed statement of facts, which reads as follows:

"Parties herein represented by counsel, have agreed on the following facts:

"1. That the petitioners...