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Ro?o vs. Gomez, et al

CRISTOBAL RO?O, petitioner, vs. JOSE L. GOMEZ ET AL., respondents.

G.R. No. L-1927 | 1949-05-31

D E C I S I O N

BENGZON, J p:

This petition to review a decision of the Court of Appeals was admitted mainly because it involves one phase of the vital contemporary question: the repayment of loans given in Japanese fiat currency during the last war of the Pacific.
On October 5, 1944, Cristobal Roño received as a loan four thousand pesos in Japanese fiat money from Jose L. Gomez. He informed the latter that he would use the money to purchase a jitney; and he agreed to pay that debt one year after date in the currency then prevailing. He signed a promissory note of the following tenor:

"For value received, I promise to pay one...