13. Register of Deeds vs. China Banking Corp.pdf - 13 G.R No L-11964 REGISTER of DEEDS OF MANILA petitioner-appellee vs CHINA BANKING CORPORATION

13. Register of Deeds vs. China Banking Corp.pdf - 13 G.R...

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13. G.R. No. L-11964 April 28, 1962 REGISTER of DEEDS OF MANILA, petitioner-appellee, vs. CHINA BANKING CORPORATION, respondent-appellant. FACTS: Alfonso Pangilinan and one Guillermo Chua were charged with qualified theft of money worth P275,000. Pangilinan and his wife, Belen Sta. Ana, executed a public instrument entitled Deed of Transfer whereby, after admitting his civil liability in favor of his employer, China Banking Corporation, he ceded and transferred to the latter a parcel of land located in Manila. The deed was presented for registration to the Register of Deeds of the City of Manila, but because CBC was alien-owned and, as such, barred from acquiring lands in the Philippines, the officer submitted the matter of its registration to the Land Registration Commission for resolution. The LRC ruled that the land is unregistrable. ISSUE: Whether or not CBC can acquire ownership of the lot by virtue of the deed of transfer.
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  • Summer '17
  • Dean Almirante
  • Supreme Court of the United States, CHINA BANKING CORPORATION

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