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Bass vs. de la Rama, Et. Al.

JOAQUIN V. BASS, plaintiff-appellant, vs. ESTEBAN DE LA RAMA and HIJOS DE I. DE LA RAMA, defendants-appellees.

G.R. No. 47662 | 1942-09-30

D E C I S I O N

OZAETA, J:

Pedro Ferrer was the owner of an undivided one-fourth of a parcel of land of 5,047,014 square meters situated in the municipality of Escalante, Province of Occidental Negros, under transfer certificate of title No. 2112. On July 16, 1920, he conveyed his interest and participation in said land to Hijos de I. de la Rama by way of mortgage to secure the payment of P12,500, with interest thereon at 12 per cent per annum. The mortgage was duly recorded in the office of the register of deeds and annotated on the certificate of title on July 27, 1920.
On December 18, 1923, the provincial sheriff of Occidental Negros,...