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Carlota P. Valenzuela vs. Court of Appeals

CARLOTA P. VALENZUELA, in her capacity as Superintendent of Banks and Authorized Representative of the CENTRAL BANK OF THE PHILIPPINES in the Liquidation of the RURAL BANK OF LUCENA, INC., petitioner, vs. HONORABLE COURT OF APPEALS, RUFINA TELOSA, DOLORES TELOSA, FE TELOSA, ESTELITA TELOSA, MANUEL TELOSA, ROMULO TELOSA, and Minors ALFARO TELOSA, NESTOR TELOSA and MARIO TELOSA, as represented by RUFINA TELOSA, respondents.

G.R. No. L-56168 | 1988-12-22

D E C I S I O N


PARAS, J.:

Invoking the provisions of Article 24 of the New Civil Code which states:

"In all contractual, property or other relations, when one of the parties is at a disadvantage on account of his moral dependence, ignorance, indigence, mental weakness, tender age or other handicap, the Court must be vigilant for his protection."

the heirs of Carlos Telosa, a fisherman and farmer with a very limited education, initiated a complaint before the Court of First Instance of Quezon seeking the nullification of the real estate mortgage executed by Carlos Telosa in favor of the Rural Bank of Lucena and/or its reformation to...