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Government of the Phil. Vs. Gregorio Agoncillo 050 Phil 348

THE GOVERNMENT OF THE PHIILIPEOPLEINE ISLANDS, plaintiff, vs. GREGORIO AGONCILLO, BALDOMERO ROXAS, and CATALINO LAVADIA, defendants. GERONIMO SANTIAGO ET AL., intervenors.

NO. 27225 | 1927-04-01

D E C I S I O N


MALCOLM, J.:

These are quo warranto proceedings instituted by the Government of the Philippine Islands against the defendants, to oust them from their offices of directors of the Philippine National Bank, to which they were named by the legislative members of the Board of Control created by Acts Nos. 2747 and 2938. The fundamental legal issue is the validity of the amendments to section 4 of Act No. 2612, made by section 1 of Act No. 2747 and section 1 of Act No. 2938, which provide that "The voting power of all the stock of the National Bank owned and controlled by the Government of the Philippine Islands shall be...