Chiu Chiong & Co., Inc. Vs. Nat'l. City Bank Of New York 099 Phil 745

CHIU CHIONG & COMPANY, INC., plaintiff-appellee, vs. NATIONAL CITY BANK OF NEW YORK, defendant-appellant.

G.R. No. L-7485 | 1956-08-23

D E C I S I O N

FELIX, J.:

Plaintiff, a corporation engaged in grocery and cold store business, instituted this action in the Court of First Instance of Manila, for the purpose of recovering from the defendant Bank certain sums of money allegedly paid twice by it: the first, during the Japanese occupation, and the second, after liberation.

There is no dispute as to the facts of the case except on one point which will be later discussed. The record shows that at the time World War II broke out (December 8, 1941), plaintiff was indebted to defendant for credit facilities and advances the latter had theretofore granted to the former...