Title
Tayag vs. Benguet Consolidated, Inc.
Case
G.R. No. L-23145
Decision Date
Nov 29, 1968
A dispute arose when a Philippine court declared stock certificates held by a New York administrator as lost, ordering their cancellation and reissue.

Case Summary (G.R. No. L-23145)

Jurisdiction of Ancillary Administrator

Under universally recognized rules, an ancillary administrator may administer property of a decedent within the forum’s territory to satisfy local creditors. The trial court’s exercise of authority over Philippine-situated stock certificates was therefore valid and binding on the Philippine corporation, which is subject to domestic judicial orders.

Enforcement of Judicial Authority

The domiciliary administrator had submitted to Philippine jurisdiction by appearance and petition for relief, yet persistently refused to comply with the CFI’s produce-and-deposit order. To prevent the nullification of its decree and avert paralysis of judicial power, the trial court employed a remedial order—deeming the certificates lost—to compel compliance indirectly.

Use of Legal Fiction to Secure Justice

Recognizing that strict adherence to fact might thwart enforcement, the court invoked a legal fiction. By treating the certificates as lost, it authorized issuance of replacements, thereby ensuring the ancillary administrator could fulfill estate-settlement duties. Such devices, though technically fictions, are permissible tools to achieve legitimate judicial ends.

Corporate Bylaws Versus Court Decree

Benguet Consolidated’s by-law prescribing procedures for lost or contested certificates—including suspension of reissuance pending final court determination—cannot override a valid judicial decree. Where corporate rules conflict with court orders, obedience to the latter is obligatory.

Corporate Status and Subordination to State Authority

A corporation is an artificial entity granted existence by law; it enjoys rights only as conferred and must submit to state organs, including the judiciary. Allowing a corporation t

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