Facts:

• Teodoro S. Benedicto, as the administrator of the last will and testament of Teodoro Benedicto and Brigida Ledesma, filed a case against Julian Pebizuelo.
• The case originated in the Province of Iloilo and was decided by the Court of First Instance.
• The plaintiff sought to recover a balance of 4,559.05 Mexican pesos, which the defendant acknowledged as owed, plus interest at 15% per annum from September 30, 1894.
• The defendant raised two defenses: a general denial and the defense of prescription, arguing that the debt was barred by the statute of limitations.
• The lower court ruled that the debt was not barred, as the defendant had acknowledged it.
• The court found the total amount owed, including interest, to be 11,586.98 Mexican pesos, equivalent to P10,164.01 in Philippine currency.
• The defendant appealed after a motion for a new trial was denied.

Issue:

• (Unlock)

Ruling:

• The court ruled that the debt was not barred by the statute of limitations.
• The applicable period of prescription for the action was determined to be...(Unlock)

Ratio:

• The court's decision hinged on the defendant's acknowledgment of the debt, which nullified the defense of prescription.
• The court clarified that the case was not about recovering rents but rather a sum of money explicitly acknowledged as due by the defendant.
• The agreement to treat the action as one f...continue reading