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Republic v. PNB, G.R. No. L-16106, Dec. 30, 1961 (Per J. Bautista Angelo, en Banc) by marivicacordova is a document available to read on EtoBox.

What is Republic v. PNB, G.R. No. L-16106, Dec. 30, 1961 (Per J. Bautista Angelo, en Banc) about?

The Republic of the Philippines filed a complaint for escheat of unclaimed bank deposits against several banks, including the First National City Bank of New York. The court ruled that while certain dormant accounts are subject to escheat, demand drafts are not considered credits or deposits under Act No. 3936, whereas cashier

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