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PNB vs. Rustico De Los Reyes, etal.

PHILIPPINE NATIONAL BANK, petitioner, vs. HON. RUSTICO DE LOS REYES, AMANDO ARANA and JULIA REYES, respondents.

G.R. Nos. 46898-99 | 1989-11-28

D E C I S I O N


REGALADO, J.:

Assailed in this petition for review on certiorari are (1) the decision 1 of the then Court of First Instance of Sorsogon, Branch I, dated May 11, 1976 in Civil Case No. 2677, entitled "Amando Arana, et al. vs. Philippine National Bank," and Special Proceeding No. 2679, entitled "Philippine National Bank, Petitioner-Appellant, Re: Properties of Spouses Amando Arana and Julia Reyes;" and (2) the resolution 2 of the same court, dated January 17, 1977, denying petitioner's motion for reconsideration of said decision.

The records show that on August 30, 1966, respondent spouses mortgaged six (6) parcels of...