G.R. No. 20482 - Philippine Industrial Co. vs. El Hogar Filipino

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G.R. No. 20482: Philippine Industrial Co. vs. El Hogar Filipino

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Title Supreme Court: Philippine Industrial Co. vs. El Hogar Filipino

Case: G.R. No. 20482

Decision Date: Oct 25, 1923

A mortgagor's attempt to execute a second mortgage was blocked by a prohibition clause in the first mortgage. The Supreme Court upheld the clause's validity, ruling it enforceable under contract law and dismissing the second mortgage claim.

mortgage stipulation

subsequent mortgages

registration of mortgages

Short 13 min

0.7x of typical case length

END