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JurisprudenceG.R. No. 163125 -

G.R. No. 163125 - JOSE ABELGAS, JR. AND LETECIA JUSAYAN DE ABELGAS, VS. SERVILLANO COMIA, RURAL BANK OF SOCORRO INC. AND RURAL BANK OF PINAMALAYAN, INC..D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 552RA 720RA 5939,
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TL;DR — Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of defendants spouses JOSE ABELGAS, Jr. and LETECIA JUSAYAN DE ABELGAS; RURAL BANKS OF SOCORRO, INC. and RURAL BANK OF PINAMALAYAN, INC., against plaintiff SERVILLANO COMIA, as follows: Dismissing plaintiff’s Amended Complaint; Declaring Transfer Certificate of Title No.

Decision

Ruling

Accordingly, the dispositive portion reads: [21] WHEREFORE, premises considered, judgment is hereby rendered in favor of defendants spouses JOSE ABELGAS, Jr. and LETECIA JUSAYAN DE ABELGAS; RURAL BANKS OF SOCORRO, INC. and RURAL BANK OF PINAMALAYAN, INC., against plaintiff SERVILLANO COMIA, as follows: Dismissing plaintiffs Amended Complaint; Declaring Transfer Certificate of Title No. T-46030, and Transfer Certificates of Title Nos. T-46364 to T-46375 and subsequent certificates of title thereto in the name of defendants Rural Bank of Socorro, Inc. or defendant Rural Bank of Pinamalayan, Inc. as valid and existing; Ordering the plaintiff to pay the following: (a) Defendants spouse (sic) Jose Abelgas, Jr. and Letecia Jusayan de Abelgas the sum of P5,000.00 as attorneys fees; (b) Defendant Rural Bank of Socorro, Inc., the sum of P50,000.00 as damages for besmirched reputation being a bank institution with good standing; P2,000.00 as attorneys fee, and P1,000.00 as litigation expenses; (c) Defendant Rural Bank of Pinamalayan, Inc., the sum of P50,000.00 as damages for besmirched reputation being a bank institution with good standing; P2,000.00 as attorneys fee, and P1,000.00 as litigation expenses; and The costs. SO ORDERED.