G.R. No. 9802 - Tec Bi and Co. vs. Chartered Bank of India

Tec Bi and Co. vs. Chartered Bank of India

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Title Supreme Court: Tec Bi and Co. vs. Chartered Bank of India

Case: G.R. No. 9802

Decision Date: Feb 5, 1916

Tobacco sold; pledged to bank; quantity mismatch; bank sold, applied to loan; vendor sued, attached; claim preferred, pledge invalid due to no public instrument.

pledge contract

tobacco

preferred creditor

Long 23 min

END