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Socorro Vda. De Mondragon, et al. vs. Intermediate Appellate Court, et al.

SOCORRO VDA. DE MONDRAGON and the Heirs of the Estate of DOMINADOR MONDRAGON, petitioners, vs. HON. INTERMEDIATE APPELLATE COURT & the SPOUSES MANUEL and BELEN BAYONA, respondents.

G.R. No. 71889 | 1990-04-17

D E C I S I O N


GRIá'O-AQUINO, J.:

The spouses Manuel and Belen Bayona are relatives of Socorro Vda. de Mondragon and her late husband, Dominador Mondragon. On August 22, 1960, the Mondragons agreed to sell to the Bayonas a 1000-square-meter portion of their Lot 995 of the Tacloban Cadastre for the price of P3 per square meter or a total of P3,000. On the same date, one-half of the agreed price (P1,500) was paid by the Bayonas. Further payments were made by them in cash and in kind, amounting to an additional sum of P297, leaving an unpaid balance of P1,203. This transaction is evidenced by a memorandum receipt signed by the parties...