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Alfredo M. Velayo Vs. Shell Company Of The Philippine Islands 100 Phil 186

ALFREDO M. VELAYO, in his capacity as Assignee of the insolvent COMMERCIAL AIR LINES, INC. (CALI), plaintiff-appellant, vs. SHELL COMPANY OF THE PHILIPPINE ISLANDS, LTD., defendant-appellee, YEK HUA TRADING CORPORATION, PAUL SYCIP and MABASA & CO., intervenors.

G.R. No. L-7817 | 1956-10-31

D E C I S I O N


FELIX, J.:

Antecedents - The Commercial Air Lines, Inc., which will be hereinafter referred to as CALI, is a corporation duly organized and existing in accordance with the Philippines laws, with offices in the City of Manila and previously engaged in air transportation business. The Shell Company of the P. I., Ltd., which will be designated as the defendant, is on the other hand, a corporation organized under the laws of England and duly licensed to do business in the Philippines, with principal offices at the Hongkong and Shanghai Bank building in the City of Manila.

Since the start of CALI's operations, its fuel needs...