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Mla. Banking Corp. vs. Anastacio Teodoro Jr.

THE MANILA BANKING CORPORATION, plaintiff-appellee, vs. ANASTACIO TEODORO JR. and GRACE ANNA TEODORO, defendants-appellants.

G.R. No. 53955 | 1989-01-13

D E C I S I O N


BIDIN, J.:

This is an appeal from the decision ** of the Court of First Instance of Manila, Branch XVII in Civil Case No. 78178 for collection of sum of money based on promissory notes executed by the defendants-appellants in favor of plaintiff-appellee bank. The dispositive portion of the appealed decision (Record on Appeal, p. 33) reads as follows:

"WHEREFORE judgment is hereby rendered (a) sentencing defendants, Anastacio Teodoro, Jr. and Grace Anna Teodoro jointly and severally, to pay plaintiff the sum of P15,037.11 plus 12% interest per annum from September 30, 1969 until fully paid, in payment of Promissory Notes...