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Laguna Tayabas Bus Company, et al. vs. Manabat

LAGUNA TAYABAS BUS COMPANY and BATANGAS TRANSPORTATION COMPANY, petitioners, vs. FRANCISCO C. MANABAT, as assignee of Bi?an Transportation Company, Insolvent, respondent.

G.R. No. L-23546 | 1974-08-29

D E C I S I O N

MAKASIAR, J:

This is an appeal by certiorari from a judgment of the Court of Appeals dated August 31, 1964, which WE AFFIRM.

The undisputed facts are recounted by the Court of Appeals through then Associate Justice Salvador Esguerra thus:

"On January 20, 1956, a contract was executed whereby the Biñan Transportation Company leased to the Laguna-Tayabas Bus Company at a monthly rental of P2,500.00 its certificates of public convenience over the lines known as Manila-Biñan, Manila-Canlubang and Sta. Rosa-Manila, and to the Batangas Transportation Company its certificate of public convenience over the line...