G.R. No. 171176 - NATIONAL CORPORATION, POWER, VS. PHILIPPINE COMMERCIAL AND INDUSTRIAL BANK (NOW PHILIPPINE COMMERCIAL INTERNATIONAL BANK).D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, the Court hereby renders judgment in favor of the plaintiff and against the defendants, as follows: 1. On the First Cause of Action, ordering defendant B.R. Sebastian & Associates, Inc. to pay the plaintiff the sum of P151,306.40, plus daily interest of P42.569 from February 18, 1970 and other bank charges, until complete payment is made; 2. On the Second, Third and Fourth and/or Alternative Cause of Action, ordering the defendants, jointly and severally, to pay the plaintiff the total sum of P181,786.23 inclusive of marginal deposits, interest, commission and other bank charges as of September 26, 1969 and thereafter, plus interests and other bank charges until complete payment is made; 3. On all Causes of Action, ordering the defendants, jointly and severally to pay P20,000.00 as attorney's fees and costs of suit. SO ORDERED.