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    Diony Gonzales Albao
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    Defendants passed a resolution giving full credit to all premium payments made by their policyholders in fiat currency during the Japanese occupation on account of pre-war policies. Defendants filed an amended answer offering to pay plaintiff the amount of P9,468.

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    Defendants passed a resolution giving full credit to all premium payments made by their policyholders in fiat currency during the Japanese occupation on account of pre-war policies. Defendants filed an amended answer offering to pay plaintiff the amount of P9,468.

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    8 views1 page

    Rich Text Editor File

    Uploaded by

    Diony Gonzales Albao
    Defendants passed a resolution giving full credit to all premium payments made by their policyholders in fiat currency during the Japanese occupation on account of pre-war policies. Defendants filed an amended answer offering to pay plaintiff the amount of P9,468.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as EHTML, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    On November 28, 1951, defendants passed a resolution which was approved by the Insurance Commissioner, giving full credit

    to all premium payments made by their policyholders in fiat currency during the Japanese occupation on account of pre-war policies for which reason they filed an amended answer offering to pay plaintiff the amount of P9,468.29 which represents the aggregate cash surrender values of all the policies in question as of February 10, 1949, but apparently this offer was refused.

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