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PEOPLE vs. Pedro Alvarez 045 Phil 472

THE PEOPLE OF THE PHILIPPINES ISLANDS, plaintiff-appellee, vs. PEDRO ALVAREZ, defendant-appellant.

G.R. No. 19914 | 1923-11-27

D E C I S I O N


AVANCEá'A, J .:

The accused was the owner of a two-passenger automobile of "Dodge Bros." manufacturer. On the 27th of September, 1920, he mortgaged it to the Philippine Automobile Exchange, Inc. This mortgage being in force, the accused sold on January 8, 1921, the automobile to Mr. Anselmo Singian for the sum of P2,500, P700 having been paid in cash, the balance to be paid in thirteen monthly instalments of P125 each, the last instalment being of P175, with interest at 12 per centum per annum. To this end, Mr. Anselmo Singian delivered to the accused a promissory note for the balance of the price payable in the manner...