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China Banking Corp. vs. M. Michelin & Cie.

In the matter of the Voluntary Dissolution of George, O'Farrell & Cie., Inc. CHINA BANKING CORPORATION and LEOPOLDO KAHN, claimants-appellants, vs. M. MICHELIN & CIE., claimants-appellee.

G.R. No. 36930 | 1933-06-30

D E C I S I O N

OSTRAND, J:

This is a joint appeal of the China Banking Corporation and Leopoldo Kahn from the order of the Court of First Instance of Manila dated November 7, 1931, denying the appellant bank's motion for reconsideration of the order of the said court of November 8, 1930, allowing the claim of the appellee, M. Michelin & Cie., as a preferred claim against the corporation in dissolution, George, O'Farrell & Cie., Inc., to which reference will be made as the "corporation".

The appellant, China Banking Corporation, is a claimant against the corporation as the holder of a note for P8,5000 signed jointly and severally by the...