Title
Bank of the Philippine Islands vs. vs. Concepcion e Hijos, Inc.
Case
G.R. No. 27701
Decision Date
Jul 21, 1928
Defendants defaulted on a promissory note; Elser assumed debt via agreement with defendants, but BPI rejected substitution. Court ruled no novation, Concepcions liable, BPI barred from suing Elser’s estate due to procedural lapse.
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