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University Of Santo Tomas Vs. Valentin Descals 038 Phil 267

THE UNIVERSITY OF SANTO TOMAS, plaintiff-appellant, vs. VALENTIN DESCALS, defendant-appellee.

G.R. No. 11862 | 1918-06-21

D E C I S I O N


CARSON, J .:

On the 13th of February, 1843, a house in Intramuros, was subjected, exclusive of the land on which it was erected, to a censo (annuity, or perhaps more accurately, a ground rent) in favor of the University of Santo Tomas. The censo was created in a public document, duly registered, wherein the value of the capital was expressly stipulated to be P2,000, and the pension to be paid on account thereof was fixed at 5 per centum per annum upon that amount.

On the 14th of October, 1905, one Salvador Farre bought the house and the land on which it stood, apparently in ignorance of the censo to which the house was...