Back

Apolonia Miranda, Et Al. vs. Arsenio Reyes

APOLONIA MIRANDA, REMEDIOS GUANZON, SOCORRO GUANZON, LEOPOLDO GUANZON, FILOTEA GUANZON, PAULINA GUANZON, and LIDUVINA GUANZON, plaintiffs-appellees, vs. ARSENIO REYES, defendant-appellant.

G.R. No. L-24791 | 1969-08-29

D E C I S I O N 


MAKALINTAL, J.: 

The plaintiffs were the owners of a parcel of urban land situated in Malate, Manila, and covered by Transfer Certificate of Title No. 45643. In 1957 they mortgaged it to the Republic Bank for P12,000.00. For non-payment of the indebtedness the mortgaged was foreclosed extra-judicially pursuant to Act No. 3135. At the public sale conducted by the Sheriff of Manila on September 30. 1963, the highest bidder was the defendant Arsenio Reyes, for the sum of P16,415.00. The certificate of sale was issued to him on the same date. On September 19, 1964, before the expiration of the one-year redemption...