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Viuda de Barretto, et al. Vs. La Previsora Filipina

DOLORES M. VIUDA DE BARRETTO ET AL., plaintiffs-appellants, vs. LA PREVISORA FILIPINA, Mutual Building and Loan Association, defendant-appellee.

G.R. No. 38084 | 1933-12-21

D E C I S I O N

IMPERIAL, J:

On February 11, 1926, La Previsora Filipina, a mutual building and loan association, was organized and incorporated by Antonio Ma. Barretto y Rocha, Alfonso Rocha, Antonio M. Opisso, Jose A. Barretto y Moratinos, Vicente L. Legarda, Henry Herman, George C. Sellner, Vicente Delgado, Enrique Massip, Alexander Bachrach and Pedro Mata, in accordance with the provisions of the Corporation Law. On the said date the incorporators had subscribed for 1,560 accumulative shares, series A, E and I of the par value of P200 each, paying a total sum of P337 on account of their subscriptions, which was the sum required to be...