Back

PNB vs. Maximo Sta. Maria, Et Al.

PHILIPPINE NATIONAL BANK, plaintiff-appellee, vs. MAXIMO STA. MARIA, ET AL., defendants, VALERIANA, EMETERIA, TEOFILO, QUINTIN, ROSARIO, and LEONILA, all surnamed STA. MARIA, defendants-appellants.

G.R. No. L-24765 | 1969-08-29

D E C I S I O N 


TEEHANKEE, J.: 

In this appeal certified to this Court by the Court of Appeals as involving purely legal issues, we hold that a special power of attorney to mortgage real estate is limited to such authority to mortgage and does not bind the grantor personally to other obligations contracted by the grantee, in the absence of any ratification or other similar act that would estop the grantor from questioning or disowning such other obligations contracted by the grantee. 

Plaintiff bank filed this action on February 10, 1961 against defendant Maximo Sta. Maria and his six brothers and sisters,...