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Emiliano Ramirez, Et Al. Vs. Court Of Appeals, Et Al.

EMILIANO RAMIREZ, ROSARIO RAMIREZ AND CARLOS RUSTIA, petitioners, vs. HONORABLE COURT OF APPEALS, THIRD DIVISION AND PHILIPPINE NATIONAL BANK, respondents. Servillano S. Lozano for petitioners.

G.R. No. 83972 | 1991-02-14

D E C I S I O N


PADILLA, J.:

This is an appeal by certiorari to review and set aside the decision * of the Court of Appeals dated 23 June 1988 in CA-G.R. CV No. 10744, reversing the decision ** of the Regional Trial Court, Branch CX, Pasay City, dated 18 June 1984 in Civil Case No. 6365-P, which ordered the Philippine National Bank (PNB) to pay petitioners (as plaintiffs) P63,205.21 with interest at 12% per annum from the filing of the complaint, attorney's fees of P6,320.52, and the cost of suit.

The material facts are not disputed.

On 3 September 1963, petitioners Emiliano Ramirez, Rosario Ramirez and Carlos Rustia applied for and...