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Antonio C. Goquiolay, Et Al. Vs. Washington Z. Sycip, Et Al.

ANTONIO C. GOQUIOLAY and THE PARTNERSHIP "TAN SIN AN and ANTONIO C. GOQUIOLAY", plaintiffs-appellants, vs. WASHINGTON Z. SYCIP, ET AL., defendants-appellees.

G.R. No. L-11840 | 1960-07-26

D E C I S I O N


REYES, J.B.L. J.:

Direct appeal from the decision of the Court of First Instance of Davao (the amount involved being more than P200,000) dismissing the plaintiffs-appellants' complaint.
From the stipulation of facts of the parties and the evidence on record, it would appear that on May 29, 1940, Tan Sin An and Antonio C. Goquiolay entered into a general commercial partnership under the partnership name "Tan Sin An and Antonio C. Goquiolay", for the purpose of dealing in real estate. The partnership had a capital of P30,000.00, P18,000.00 of which was contributed by Goquiolay and P12,000.00 by Tan Sin An. The agreement...