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Philippine National Bank Vs. Tan Ong Zse 051 Phil 317

PHILIPPINE NATIONAL BANK, plaintiff-appellant, vs. TAN ONG ZSE, VDA. DE TAN TOCO, defendant-appellee.

G.R. No. 27991 | 1927-12-24

D E C I S I O N


VILLA-REAL, J.:

In this instance the plaintiff Philippine National Bank appeals from the judgment of the Court of First Instance of Iloilo dismissing said plaintiff's complaint against the defendant Tan Ong Zse Vda. de Tan Toco for the sum of P367,075.80, plus interest on the capital of P300,000 at the rate of 8 per cent per annum from November 15,1924 until fully paid, and an additional sum equivalent to 10 per cent of said amount as attorney's fees, with the costs of the action. It was further prayed that, should the defendant fail to pay the amount of the judgment within the period of three months from the date...