1. bachrach motor co. v. talisay-silay milling co

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  • 8/12/2019 1. Bachrach Motor Co. v. Talisay-silay Milling Co.

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    Bachrach Motors v. Talisay-Silay Milling [G.R. No. 35223. September!" #3.$En Banc, Romualdez (J): 7 concurring

    %acts&On 22 December 1923, te !ali"a#$%ila# &illing 'o, nc, *a" indebted to te +B

    !o "ecure te -a#ment o. it" debt, it "ucceeded in inducing it" -lanter", among*om *a" &ariano /ac"on /ede"ma, to mortgage teir land to te ban0 nd inorder to com-en"ate to"e -lanter" .or te ri"0 te# *ere running *it teir-ro-ert# under tat mortgage, te a.ore"aid central, b# a re"olution -a""ed on te"ame date, and amended on 23 &arc 192, undertoo0 to credit te o*ner" o. te-lantation tu" mortgaged eer# #ear *it a "um e4ual to 25 o. te debt "ecuredaccording to te #earl# balance, te -a#ment o. te bonu" being made at once, orin -art .rom time to time, a" "oon a" te central became .ree o. it" obligation" tote ban0, and o. to"e contracted b# irtue o. te contract o. "u-eri"ion, and ad.und" *ic migt be "o u"ed, or a" "oon a" it obtained .rom "aid ban0 autorit# toma0e "uc -a#ment

    6t "eem" &ariano /ac"on /ede"ma i" indebted .rom Bacrac &otor tecircum"tance o. *ic i" not .ound in te ca"e .act"8

    Bacrac &otor 'o, nc led a com-laint again"t te !ali"a#$%ila# &illing 'o, nc,.or te delier# o. te amount o. +13,; or -romi""or# note" or oter in"trument"o. credit .or tat "um -a#able on 3; June 193;, a" bonu" in .aor o. &ariano /ac"on/ede"ma !e com-laint .urter -ra#" tat te "ugar central be ordered to renderan accounting o. te amount" it o*e" &ariano /ac"on /ede"ma b# *a# o. bonu",diidend", or oter*i"e, and to -a# Bacrac &otor" a "um "u

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    contet o. te la*, te -ra"e u otra" analoga" re.er" onl# to rent" or income, .orte ad=ectie" otra" and analoga" agree *it te noun renta", a" do al"o teoter ad=ectie" -er-etua" and italicia" !e ciil .ruit" te 'iil 'odeunder"tand" one o. tree and onl# tree ting", to *it: te rent o. a building, terent o. land, and certain 0ind" o. income

    2. Bon(s not a civil +r(it, not an income o+ the lan)!e amount o. te bonu", according to te re"olution o. te central granting it, i"not ba"ed u-on te alue, im-ortance or an# oter circum"tance o. te mortgaged-ro-ert#, but u-on te total alue o. te debt tereb# "ecured, according to teannual balance, *ic i" "ometing 4uite di"tinct .rom and inde-endent o. te-ro-ert# re.erred to " te bonu" i" not obtained .rom te land, it i" not ciil .ruit"o. tat land t i" neiter rent o. building", -roceed" .rom lea"e o. land", or incomeunder rticle 3 o. te 'iil 'ode