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Philippine National Bank Vs. Gregorio Natividad 054 Phil 284

THE PHILIPPINE NATIONAL BANK, plaintiff-appellee, vs. GREGORIO NATIVIDAD, defendant. LUIS ARNALOT, petitioner-appellant.

G.R. No. 31456 | 1930-01-21

D E C I S I O N


VILLAMOR, J.:

Judgment was rendered in favor of the plaintiff in a suit for the recovery of a mortgage credit in the amount of P151,037, as principal, and P62,217.58, as interest, brought in the Court of First Instance of Tarlac on August 19, 1925 by the Philippine National Bank against Gregorio Natividad. The judgment having become final, a writ of execution was issued, and the public auction sale of some of the debtor's property was announced, including the land described in the transfer certificate of title No. 227, of the registry of deeds of Tarlac. The attorney for Luis Arnalot offered the sheriff the following...