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Felipe R. Hidalgo, Et Al. Vs. D. Tuazon 104 Phil 36

FELIPE R. HIDALGO, ET AL., plaintiffs-appellees, vs. HEIRS OF D. TUAZON, INC., defendant-appellant.

G.R. No. L-10871 | 1958-06-27

D E C I S I O N


BAUTISTA ANGELO, J.:

Plaintiffs brought this action in the Court of First Instance of Manila praying that the defendant be ordered to execute a document releasing them from their obligation and cancelling the mortgage executed by them to secure its payment and to return to them the owner's certificates of title covering the land from which the mortgage was constituted. The defendant in its answer alleged that what was agreed upon between the parties was that, notwithstanding the express provisions of the mortgage, said loan shall not be paid except in genuine Philippine currency after the cessation of hostilities between...