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Quimson, et al vs. PNB

ROSA QUIMSON, SONIA QUIMSON and FRANCISCO QUIMSON, Heirs of the late Dr. Francisco Quimson, plaintiffs-appellants, vs. PHILIPPINE NATIONAL BANK, thru its SPECIAL ASSETS DEPARTMENT and RICARDO MENDOZA, defendants-appellees.

G.R. No. L-24920 | 1970-11-24

D E C I S I O N 


BARREDO, J: 

Appeal from the order of the Court of First Instance of Rizal, Branch IV, dismissing its Civil Case No. 8300 after trial on the merits, holding that under the charter of the Philippine National Bank the right to redeem property sold in a judicial foreclosure sale of real estate mortgage to said Bank can be exercised only within one year from the date of the judicial confirmation thereof and not from the date of its registration, without passing on the question raised in the pleadings before it as to whether in an instance where the property sought to be repurchased is only one of several properties...