13.G.R. No. L-11964 April 28, 1962REGISTER 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 moneyworth P275,000. Pangilinan and his wife, Belen Sta. Ana, executed a public instrumententitled Deed of Transfer whereby, after admitting his civil liability in favor of hisemployer, China Banking Corporation, he ceded and transferred to the latter a parcel ofland located in Manila. The deed was presented for registration to the Register of Deedsof the City of Manila, but because CBC was alien-owned and, as such, barred fromacquiring lands in the Philippines, the officer submitted the matter of its registration tothe Land Registration Commission for resolution. The LRC ruled that the land isunregistrable.ISSUE:Whether or not CBC can acquire ownership of the lot by virtue of the deed of transfer.
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Supreme Court of the United States,CHINA BANKING CORPORATION