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PNB vs. Lo Et Al G.R. No. L-26937, October 5, 1927 Digested by Jacquelyn Alegria is a document available to read on EtoBox.

1) Tai Sing & Co. was formed as a commercial partnership with six partners and capital of P40,000 to do business purchasing and selling merchandise in Iloilo City or other parts of the Philippines. 2) The general manager executed a power of attorney authorizing another person to act as manager, who then applied for and obtained loans from Plaintiff bank (PNB), securing the loans with mortgages on Tai Sing & Co.

Author
Jacquelyn Alegria
Language
EN