88-Florencio-Deudor-vs-JM-Tuason

The deudors including appellants herein acknowledge

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Unformatted text preview: gripino Pascual vs. J. M. Tuason & Co., Inc.", and Q- 186, entitled "Macaria Fulgenio vs. J. M. Tuason & Co., Inc.". On March 16, 1953, these five (5) cases were designated in said agreement, and will hereinafter be referred to collectively, as the Deudors. It appears that prior to the institution of said cases, the Deudors had caused the aforementioned land of about 50 "quiñones" to be subdivided into lots and that some of these lots, aggregating approximately 30 "quiñones", were sold to several persons, whose names are set forth in two lists attached, as Annexes B and C, to said compromise agreement. The Deudors, including appellants herein, acknowledge edged therein the title, in fee simple, of, J. M. Tuason & Co., Inc. — who is referred to in the agreement as Owners — in and to said land of 50 "quiñones", and reannounced, ceded and quitclaimed in its favor whatever right, title or interest they (the Deudors) had over said property, and, in consideration thereof, J. M. Tuason & Co., Inc. undertook to pay them P1,201,063, from which...
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This note was uploaded on 07/12/2013 for the course LAW 101 taught by Professor Tan during the Winter '11 term at University of the Philippines Diliman.

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