88-Florencio-Deudor-vs-JM-Tuason

M tuason co inc and gregorio araneta inc and other

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Unformatted text preview: these referred to collectively as the Deudors' are obligated, and they have so bound themselves, to deliver the clear and peaceful possession of the entire 50 quiñones to the OWNERS, J. M. Tuason & Co., Inc. and/or to ATTORNEYS- ON- FACT FOR SANTA MESA HEIGHTS SUBDIVISION, Gregorio Araneta, Inc. Under paragraph 3 of the Compromise Agreement, those referred to collectively as, the 'Deudors' claimed to have been in possession of the land, and pursuant to par. 9 of the same Compromise Agreement, the 'Deudors' bound themselves to deliver possession of the land in question over to the Owners. It is, therefore, clear to this Court that unless the construction of houses is abated in some way, the implementation of the Compromise Agreement can never be effected. The J.M. Tuason & Co., Inc. and Gregorio Araneta, Inc. have asked this Court to set a period of 15 days within which...
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