Back

Mariano Veloso Vs. Manuel Veloso

MARIANO VELOSO, plaintiff-appellee, vs. MANUEL VELOSO Y RUBI, defendant-appellant.

G.R. No. L-2562 | 1907-03-19

D E C I S I O N


MAPA, J.:

This is an action brought in the matter of foreclosure of a mortgage, all of which appears duly set out in the complaint filed herein. The amount dues as a credit of the mortgage, and as such claimed by the plaintiff, is in the sum of 19,000 pesos, together with interest thereon at the rate of 12 per cent per annum, such mortgage being a public act or instrument executed on May 31, 1897. The debtor obligated himself therein to pay the consideration named and expressed, eight yearly installments counting or beginning from the date of the execution of the mortgage, to wit, seven yearly installments of 4,000 pesos...