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PEOPLE vs. de Valenzuela

THE PEOPLE OF THE PHILIPPINES, plaintiff-appellant, vs. CLOTILDE REYES DE VALENZUELA, defendant-appellee.

G.R. No. 45520 | 1938-10-11

D E C I S I O N


LAUREL, J:

Aniceta Borja Vda. de Reyes was found by the Anti-Usury Board to have engaged in the lending of money at usurious rates of interest during the period herein-below mentioned. To avoid court proceedings, Atty. Pio Reyes, in behalf of his mother, Aniceta Borja Vda. de Reyes, in a letter dated November 11, 1935, admitted the charge of usury against her and formally offered a compromise (Annex A of the prosecution, p. 39, rec.) The offer appears to have been accepted by the Anti-Usury Board and on the same date, November 11, 1935, a compromise was formally entered into. (Annex A of the defense, p. 14, rec.) In the...