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People Bank and Trust Co. vs. Register of Deeds for the City of Manila

PEOPLE BANK AND TRUST CO., petitioner-appellant, vs. THE REGISTER OF DEEDS FOR THE CITY OF MANILA, respondent-appellee.

G.R. No. 41278 | 1934-05-05

D E C I S I O N


IMPERIAL, J:

This is an appeal taken by the Peoples Bank and Trust Co. from the judgment rendered by the Court of First Instance of Manila, denying the registration of a certain instrument entitled "Agreement and Declaration of Trust".

The undisputed facts of the case may be summarized as follows:

On October 26, 1933, Dominga Angeles, married to Manuel Sandoval who resides in Palawan and from whom she lives separate and apart, executed an instrument entitled "Agreement and Declaration of Trust" in favor of the Peoples Bank and Trust Co. whereby she conveyed in trust her paraphernal property consisting of three (3)...