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  • Republic V Grijaldo

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    attyalan
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    Case Digest

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    Republic v Grijaldo

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    Case Digest

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    29 views1 page

    Republic V Grijaldo

    Uploaded by

    attyalan
    Case Digest

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    A-10

    Republic v. Grijaldo (1965)

    1953

    Simple loan or Muttum Pay equal amount

    Grijaldo obtained 5 loans from Bank of Taiwan, the interest went to Japan, US then to Phil govt Loan secured by chattel mortgage of standing crops destroyed Gs heirs refused to pay, the crops were destroyed, contract of loan is extinguished

    WON the contract of loan was extinguished

    NO The loan was for a sum of money, a generic thing Chattel mortgage on the crops only to secure the payment of loan The loss of a generic thing does NOT extinguish the contract The loan can be paid from other sources

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