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Julian Lanuza Vs. Jos. N. Wolfson 039 Phil 205

JULIAN LANUZA as administrator of the intestate estate of Timoteo Lanuza, plaintiff-appellant, vs. JOS. N. WOLFSON and THE PROVINCIAL SHERIFF OF RIZAL, defendants-appellees.

G.R. No. 13465 | 1918-11-26

D E C I S I O N


STREET, J .:

The defendant J.N. Wolfson, on June 9, 1915, lent the sum of P1,200 to Candida Pascoguin, and as security for the payment of the notes evidencing the indebtedness took a chattel mortgage (Exhibit 1) on the furniture and cinematographic equipment in the "Cine Luna" in Malabon, which was then being operated by Candida Pazcoguin Upon failure on the part of the debtor to meet promptly the obligations expressed in her notes and in the chattel mortgage, the defendant Wolfson took possession and proceeded to sell the mortgaged property in conformity with the provisions of Act No. 1508 and the stipulations of the...