guaranty and surety cases civ 2 uribe 2015-2016

10
G.R. No. L-26473, February 29, 1972 REPUBLIC OF TE PILIPPINE!, PL"INTIFF-"PPELLEE, #!. P"L-FO$ LU%BER CO., INC. & F"R E"!TERN !URET' & IN!UR"NCE CO%P"N', INC., (EFEN("NT!, F"R E"!TERN !URET' & IN!UR"NCE CO., INC., (EFEN("NT-"PPELL"NT) F"R E"!TERN !URET' & IN!UR"NCE CO., INC., TIR(-P"RT' PL"INTIFF-"PPELL"NT, #!. G"!P"R P"L"NC" &  *O!EP LEE, TI R(-P "R T' (EFEN( "NT!. %"+"LINT"L, *. (or/0e 'If it (the guaranty) be simple or indenite, it shall comprise not only the principal obligation but also all its accessories, including judicial costs, provided with respect to the latter, that the guarantor shall only be liable for those costs incurred after he has been judicially required to pay.' (ltalics supplied) Fa Pa-F o Luber Co. , 5a uara0ee by Fa r Eaer0 !urey & I0ura0e Co. , I0 o uara0y 8a/8u o:/a0e by e Pa-Fo 5/ a e :ro;//o0 o8 e Fore La5 a0 Na/o0a I0er0a Re;e0ue Coe, a 5e a e <:ro: a0 o:ee :aye0 o8 a are a58uy aru/0 o0 e 8ore :rou u or aere by =Pa-Fo Luber Co., I0.>, a0 o8 a ?0e a0 :e0a/e /:oe /0 aora0e 5/ e :ro;//o0 o8 a5< I0 e CFI BIR /0 a//0 a e a/ Luber Co:a0y / /0ebe o / /0 e aou0 o8 P11,@A1.A6 =u0er Forery Bo0 No. 74> , /0/ue a0 a/o0 be8ore e CFI o8 %a0/a =C/; Cae No. 323@6> ee/0 o reo;er, Do/0y a0 e;eray, 8ro Pa-Fo a0 Eaer0 !urey &. I0ura0e Co., I0.e u o8 PA,. :u /0ere 8ro e ?/0 o8 e o:a/0, a0 8ro e Pa-Fo Luber Co., I0. ao0e e baa0e o8 P6,@41.A6 :u ea /0ere. Pa-Fo, ue o 8a/ure o ?e a0 a05er e:/e ;a/ er;/e o8 uo0, 5a ubeue0y eare /0 e8au. O0 o0e a0, Te Far Eaer0 !urey & I0ura0e Co., I0. ?e / a05er 5/ a ro-a/ aa/0 / o-e8e0a0 Pa-Fo Luber Co., I0. Laer o0, oe 3r :ary e8e0a0 5ere /:eae =Paa0a a0 Lee, 5o bou0 ee;e o /0e0/8y e urey o:a0y 8or a aae / ay /0ur 8or reao0 o8 e e 8orery bo0> bu 5ere //ary eare /0 e8au CFI rue /0 8a;or o8 BIR 5/ /:o//;e :or/o0, o 5/ <EREFORE, Due0 / ereby re0ere orer/0 e8e0a0 o :ay o :a/0/, Do/0y a0 e;eray, e u o8 PA,., 5/ ea /0ere ereo0 8ro e ?/0 o8 e o:a/0 u0/ 8uy :a/, a0 e8e0a0 Pa-Fo Luber Co., I0. o :ay o :a/0/ e 8urer u o8 P6,@41.A6, 5/ ea /0ere ereo0 8ro e ?/0 o8 e o:a/0 u0/ 8uy :a/, :u o) a0 /e5/e orer/0 ro-e8e0a 0 Pa-F o Luber Co., I0. a0 /r-:ary e8e0a0 Ga:ar G. Paa0a a0 *oe: Lee o :ay o e8e0a0 Far Eaer0 !urey & I0ura0e Co., I0. Do/0y a0 e;eray, a0y aou0 5/ e aer ay :ay o :a/0/ u0er / Due0, :u :re/u /0 e aou0 o8 P3,7A. a0 /:uae aor0eyH 8ee a0 /0ere a e rae o8 1A a0 12

Upload: jstinjstin

Post on 07-Jul-2018

218 views

Category:

Documents


0 download

TRANSCRIPT

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 1/10

G.R. No. L-26473, February 29, 1972

REPUBLIC OF TE PILIPPINE!, PL"INTIFF-"PPELLEE, #!. P"L-FO$ LU%BER CO., INC.& F"R E"!TERN !URET' & IN!UR"NCE CO%P"N', INC., (EFEN("NT!, F"R E"!TERN!URET' & IN!UR"NCE CO., INC., (EFEN("NT-"PPELL"NT) F"R E"!TERN !URET' &IN!UR"NCE CO., INC., TIR(-P"RT' PL"INTIFF-"PPELL"NT, #!. G"!P"R P"L"NC" &

 *O!EP LEE, TIR(-P"RT' (EFEN("NT!.

%"+"LINT"L, *.

(or/0e

'If it (the guaranty) be simple or indenite, it shall comprise not only the principalobligation but also all its accessories, including judicial costs, provided with respect to the latter, that the guarantor shall only be liable for those costs incurred after hehas been judicially required to pay.' (ltalics supplied)

Fa

Pa-Fo Luber Co., 5a uara0ee by Far Eaer0 !urey & I0ura0e Co., I0 ouara0y 8a/8u o:/a0e by e Pa-Fo 5/ a e :ro;//o0 o8 e Fore La5a0 Na/o0a I0er0a Re;e0ue Coe, a 5e a e <:ro: a0 o:ee :aye0o8 a are a58uy aru/0 o0 e 8ore :rou u or aere by =Pa-FoLuber Co., I0.>, a0 o8 a ?0e a0 :e0a/e /:oe /0 aora0e 5/ e:ro;//o0 o8 a5<

I0 e CFI

BIR /0 a//0 a e a/ Luber Co:a0y / /0ebe o / /0 e aou0 o8 P11,@A1.A6 =u0er Forery Bo0 No. 74> , /0/ue a0 a/o0 be8ore e CFI o8 %a0/a =C/; Cae No. 323@6> ee/0 o reo;er, Do/0y a0 e;eray, 8ro Pa-Fo

a0 Eaer0 !urey &. I0ura0e Co., I0.e u o8 PA,. :u /0ere 8ro e?/0 o8 e o:a/0, a0 8ro e Pa-Fo Luber Co., I0. ao0e e baa0e o8 P6,@41.A6 :u ea /0ere.

Pa-Fo, ue o 8a/ure o ?e a0 a05er e:/e ;a/ er;/e o8 uo0, 5aubeue0y eare /0 e8au. O0 o0e a0, Te Far Eaer0 !urey & I0ura0eCo., I0. ?e / a05er 5/ a ro-a/ aa/0 / o-e8e0a0 Pa-Fo LuberCo., I0. Laer o0, oe 3r :ary e8e0a0 5ere /:eae =Paa0a a0 Lee,5o bou0 ee;e o /0e0/8y e urey o:a0y 8or a aae / ay/0ur 8or reao0 o8 e e 8orery bo0> bu 5ere //ary eare /0 e8au

CFI rue /0 8a;or o8 BIR 5/ /:o//;e :or/o0, o 5/ <EREFORE, Due0 /ereby re0ere orer/0 e8e0a0 o :ay o :a/0/, Do/0y a0 e;eray, e

u o8 PA,., 5/ ea /0ere ereo0 8ro e ?/0 o8 e o:a/0 u0/8uy :a/, a0 e8e0a0 Pa-Fo Luber Co., I0. o :ay o :a/0/ e 8urer uo8 P6,@41.A6, 5/ ea /0ere ereo0 8ro e ?/0 o8 e o:a/0 u0/ 8uy:a/, :u o) a0 /e5/e orer/0 ro-e8e0a0 Pa-Fo Luber Co., I0. a0/r-:ary e8e0a0 Ga:ar G. Paa0a a0 *oe: Lee o :ay o e8e0a0 FarEaer0 !urey & I0ura0e Co., I0. Do/0y a0 e;eray, a0y aou0 5/ eaer ay :ay o :a/0/ u0er / Due0, :u :re/u /0 e aou0 o8 P3,7A. a0 /:uae aor0eyH 8ee a0 /0ere a e rae o8 1A a0 12

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 2/10

:er a00u, re:e/;ey, o0 e oa aou0 ue, e a/ /0ere o beo:ou0e uarery 8ro No;eber 22, 1946, u0/ 8uy :a/.<

I0 e C"

Far Eaer0 a::eae e e//o0 bu C" ubeue0y er/?e e ae ere o0 a

?0/0 a e a::ea /0;o;e o0y ue/o0 o8 a5, o 5/

Iue

JN e urey o:a0y / /abe o :ay e /0ere 0o5/a0/0 a /0 e/:ua/o0 o0 8orery bo0, u / bou0 o e :a/0/ /0 e u o8 PA,.

e

!C rue /0 8a;or o8 e Pa/0/ 1, //0 e ae o8 Na/o0a %are/0 Cor:ora/o0;. %arueK, e a., L-2AAA3, *a0uary 31, 1969, =26 !CR" 722, 726>, / Courreo;e a //ar ue/o0 a 8oo5

<O0 e /r a0 a /ue =o0 5eer e ureyH /ab//y a0 eee e aou0o8 / bo0>, / / e0ou o rear a 5/e e uara0ee 5a 8or e or//0aaou0 o8 e eb o8 Gab/0o %arueK, e aou0 o8 e Due0 by e r/aour /0 0o 5ay ;/oae e r/ o8 e urey. Te Due0 o0 e :r/0/:a 5ao0y 8or P1,., 5/e e rea/0/0 o8 P9,99.91 re:ree0 e oraory/0ere ue o0 aou0 o8 e 8a/ure o :ay e :r/0/:a ob/a/o0 8ro a0 a8ere ae a 8ae0 ue, a0 e8au a ae0 :ae. "::ea0 urey 5a 8uya5are a e ob/a/o0 ear0e /0ere, /0e e 0oe 5a a00ee o /o0ra, E/b/ HCH. Te o0ra o8 uara0y eeue by e a::ea0 Co:a0y0o5ere eue / /0ere, a0 "r/e 2AA, :arara: 2, o8 e C/;/ Coe o8 e P//::/0e / eary a::/abe.

'If it (the guaranty) be simple or indenite, it shall comprise not only the principal obligation but also all its accessories, including judicial costs, provided with respect to the latter, that the guarantor shall only be liablefor those costs incurred after he has been judicially required to pay.'(ltalics supplied)

1 !ispositive" #$%&%&% , the decision appealed from is armed, with the modication that the appellant should pay the interest adjudged in said decision up to the date of payment of the principal sum of *+,.. -o pronouncement as to costs. 

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 3/10

G.R. No. L-936, %ay 2A, 19A6

!OUTERN %OTOR!, INC., PL"INTIFF "N( "PPELLEE, #!. ELI!EO B"RBO!",(EFEN("NT "N( "PPELL"NT.

CONCEPCION, *.

(or/0e

 Te r/ o8 uara0or, u0er ar/e 2A@ o8 e C/;/ Coe o8 e P//::/0e, oea0 eau/o0 o8 e :ro:ery o8 e :r/0/:a ebor, e/ o0y 5e0 a:ee or a orae a 0o bee0 /;e0 a :e/a eur/y 8or e :aye0 o8 e:r/0/:a ob/a/o0. Guara0ee, 5/ou a0y u :ee or orae, areo;er0e by /e $# o8 a/ Coe, 5erea :ee a0 orae 8a u0er /e$#I bereo8, /0 5/ ar/e 2@7 a0 2126 o8 ae oe ao0 oer are 8ou0.

Fa

Pa/0/, !ouer0 %oor, I0., brou / a/o0 aa/0 E/eo Barboa, o8oreoe a rea eae orae, o0/ue by e aer /0 8a;or o8 e 8orer, a

eur/y 8or e :aye0 o8 e u o8 P2,@@9.A3 ue o a/ :a/0/ 8ro o0e"8reo Br/a0e, 5o a 8a/e o ee / ob/a/o0 /0 aora0e 5/ eer a0 o0//o0 o8 e orre:o0/0 ee o8 orae.

By 5ay o8 <:e/a a0 ara/;e< e8e0e, e o0e0e /0 / a05er a eo0y eeue e e ee o8 orae 8or e o0y :ur:oe o8 uara0ee/0 - aurey a0Jor uara0or - e :aye0 o8 e eb o8 %r. "8reo Br/a0e. %oreo;er,a !ouer0 / 0o eau a reoure a;a/abe o oe ?r 8ro rue eborBr/a0e /;e0 a e ae / o;e0 a0 a a0y :ro:er/e /0 Io/o.

I0 e CFI *ue0 5a re0ere /0 8a;or o8 !ouer0 %oor orer/0 Barboa oa> :ay e u o8 P2,@@9.A3, 5/ /0ere a e rae o8 12 :er a00u, aor0eyH8ee a0 o) a0 b> u:o0 8a/ure o :ay, a e rea :ro:ery ubDe o8 

orae be o a :ub/ au/o0 /0 orer o o;er a/ ob/a/o0.

I0 e C" C" er/?e e ae reor o !C /0 ;/e5 o8 e 8a a e /uera/e /0 e a::ea /0;o;e erey ue/o0 o8 a5.

Iue JN Barboa / orre /0 / arue0 =orae 5a 8or e :ur:oe o8 uara0ee/0 a0 a !ouer0 ou a;e eaue a reoure ?r 5/Br/a0e>

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 4/10

e

No. BarboaH e8e0e / e;o/ o8 er/ 8or e 8oo5/0 ra/o/0a/o0

1. Te ee o8 orae eeue by / :e/?ay :ro;/e

<Ta /8 a/ %r. "8reo Br/a0e or ere/0 oraor, / e/r, eeuor,a/0/raor a0 a/0 shall well and trolly perform the full obligationsabo;e-ae aor/0 o e er ereo8, e0 / orae a be 0u a0;o/, oer5/e / a rea/0 /0 8u 8ore a0 ee, /0 5/ e;e0 hereinmortgagor authorizes and empowers herein mortgagee-company to tabany of the following actions to enforce said payment) H

<=a> Foreclose, judicially or extrajudicially, the chattel mortgage abovereferred to and/or also this mortgage, applying the proceeds of thepurchase price at public sale of the real property ere/0 orae o a0ye?/e0y or /ere0e be5ee0 e :urae :r/e o8 a/ ae a :ub/ au/o0a0 e aou0 o8 P2,@@9.A3, oeer 5/ / /0ere ereby eure) or

<=b> Simply foreclose this mortgage judicially /0 aora0e 5/ e :ro;//o0o8 e/o0 2, Rue 7, Rue o8 Cour, or era-Du//ay u0er e :ro;//o0 o8 "No. 313A a0 " No. 411@, o a/8y e 8u aou0 o8 P2,@@9.A3, oeer 5/ //0ere o8 12 :er e0 :er a00u.<

2. Te r/ o8 uara0or, u0er "r/e 2A@ o8 e C/;/ Coe o8 e P//::/0e, oea0 eau/o0 o8 e :ro:ery o8 e :r/0/:a ebor, e/ o0y 5e0 a:ee or a orae a 0o bee0 /;e0 a :e/a eur/y 8or e :aye0 o8 e

:r/0/:a ob/a/o0. Guara0ee, 5/ou a0y u :ee or orae, areo;er0e by T/e $# o8 a/ Coe, 5erea :ee a0 orae 8a u0er T/e$#I o8 e ae Coe, /0 5/ e 8oo5/0 :ro;//o0, ao0 oer, are 8ou0

"r. 2@7. <I / ao o8 e ee0e o8 ee o0ra a 5e0 e :r/0/:aob/a/o0 beoe ue, e /0 /0 5/ e :ee or orae o0/ aybe a/e0ae 8or e :aye0 o e re/or.<

"r. 2126. <Te orae /rey a0 /e/aey ubDe e :ro:ery u:o05/ / / /:oe, 5oe;er e :oeor ay be, o e 8u?e0 o8 eob/a/o0 8or 5oe eur/y / 5a o0/ue.<

3. I a bee0 e areay =!aa;era ;. Pr/e, 6@ P/., 6@@>, a a oraor /

0o e0/e o e eau/o0 o8 e :ro:ery o8 e :r/0/:a ebor.

4. "ou a0 or/0ary :ero0a uara0orM0o a oraor or :eorMayea0 e a8oree0/o0e eau/o0, e re/or ay, :r/or ereo, eure a

 Due0 aa/0 a/ uara0or, 5o a be e0/e, o5e;er, o a e8ere0 o8 e eeu/o0 o8 a/ Due0 aa/0 / u0/ a8er e :ro:er/e o8 e :r/0/:aebor a a;e bee0 eaue o a/8y e ob/a/o0 /0;o;e /0 e ae.

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 5/10

G.R. No. L-4334, February 2@, 19@A

CENTR"L !URET' "N( IN!UR"NCE CO%P"N', INC., PETITIONER, #!. ON. "LBERTO. UB"' "! *U(GE OF TE COURT OF FIR!T IN!T"NCE OF RI"L, C"LOOC"N CIT',

BR"NC $$$II "N( ONG CI, (OING BU!INE!! UN(ER TE FIR% N"%E, <T"BLERI"(E LU$E,< RE!PON(ENT!.

"B"( !"NTO!, *.

(or/0e

- ere e urey a o0e / :ar a0 e ob/a/o0 o8 e bo0 a bee0/are, e ou0erbo0 ou be a0ee.

- Te ob/a/o0 o8 a urey a00o ee0 beyo0 5a / /:uae /0 e ureybo0

Fa

Fra0/o Reye 5a ue 8or u o8 %o0ey by O0 C/ =5o 5a o/0 bu/0e /0e 0ae o8 <Taber/ e Lue<>. O0 C/ a::/e 8or a 5r/ o8 aae0 o0 ReyeH

 Dee: a8er ?/0 a bo0 aou0/0 o P: 6,464.1@. Reye o;e o /o;e e5r/ a0 ?e a ou0erbo0. ReyeH urey 5a Pe//o0er Ce0ra !urey a0I0ura0e Co 5/ u0eroo o be Do/0y a0 e;eray bou0 o :ay O0 C/ /0e aou0 o8 P: 6,46A o0y u0er er o0//o0 a Reye 5/ e/;er e Dee:or, /0 ae o8 e8au, Reye a0 Ce0ra 5/ u0erae o :ay e ;aue o8 e Dee:/0ea.

I0 e C/y Cour

 *ue0 5a re0ere /0 8a;or o8 O0 C/ a0 aa/0 Reye, orer/0 Reye o:ay O0 C/ e u o8 P6,964.1@, 5/ ea /0ere ereo0 8ro e ae o8 e?/0 o8 / o:a/0 u0/ 8uy :a/, :u e u o8 PA., a a0 by 5ay o8 aor0eyH 8ee, a0 e o o8 e u/

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 6/10

I0 e CFI

Reye a::eae bu CFI are Due0 o8 C/y Cour =/0 oo>. U:o0 Due0H?0a/y, 5r/ o8 eeu/o0 5a /ue a0 e Dee: 5a o 8or P: 4,. =/aou0 5a re/e aa/0 e o0ey Due0 aa/0 Reye>.

"8er e ae o8 e Dee:, Ce0ra !urey a0 I0ura0e Co. ?e a o/o0 o a0ee ou0erbo0. O0 C/ 0o o0y o::oe e o/o0 bu e ao ae a eurey o:a0y :ay e e?/e0y o0 e Due0 /0 e aou0 o8 PA,73.=P9,73. a o8 e ?/0 o8 e o/o0, e P4,. e :roee o8 e ae o8 e Dee:>. Te o/o0 8or a e?/e0y Due0 5a o::oe by e urey o0 erou0 a / a 8u?e e o0//o0 o8 e ou0erbo0. (e:/e e o::o//o0,e our orere e urey o :ay. " o/o0 8or reo0/era/o0 5a e0/e 5/aou0 8or e /0a0 :e//o0.

Iue JN Ce0ra / /abe 8or e e?/e0y

e No. Te /:ua/o0 /0 e ou0erbo0 eeue by e :e//o0er / e a5be5ee0 e :ar/e /0 / ae a0 0o e :ro;//o0 o8 e Rue o8 Cour =!e172, Rue A7>

U0er e ou0erbo0, e :e//o0er urey o:a0y bou0 /e8 o/ar/y 5/e :r/0/:a ob/or </0 e u o8 P6,46A. u0er e o0//o0 a /0 ae e:a/0/ reo;er Due0 /0 e a/o0, e e8e0a0 5/, o0 ea0, ree/;ere aae :ro:ery o reeae o e oer o8 e our o be a::/e o e:aye0 o8 e Due0 or /0 e8au ereo8 a e e8e0a0 a0 urey 5/, o0ea0, :ay o e :a/0/ e 8u ;aue o8 e :ro:ery reeae.< Te a/0ob/a/o0 o8 e urey 5a o ree/;er e Dee: o a / ou be o /0 aeeeu/o0 5a /ue aa/0 e :r/0/:a ob/or. Te aou0 o8 P6,46A. was

merely to x the limit of the suretys liability /0 ae e Dee: ou 0o bereae. I0 e /0a0 ae, e Dee: 5a ae a;a/abe 8or eeu/o0 o8 e

 Due0 by e urey. Te urey a o0e / :ar) e ob/a/o0 o8 e bo0a bee0 /are) e bo0 ou be a0ee.

2 !e 17 - I8 e eeu/o0 be reur0e u0a/?e /0 5oe or /0 :ar, e urey or ure/e o0 a0y ou0erbo0/;e0 :urua0 o e :ro;//o0 o8 / rue o eure e :aye0 o8 e Due0 a beoe are o0 uou0erbo0, a0 bou0 o :ay o e Due0 re/or u:o0 ea0, e aou0 ue u0er e Due0, 5/aou0 ay be reo;ere 8ro u urey or ure/e a8er 0o/e a0 uary ear/0 /0 e ae a/o0

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 7/10

G.R. No. L-27249, *uy 31, 197

%"NIL" !URET' & FI(ELIT' CO., INC., PL"INTIIF-"PPELL"NT, #!. NOE%I "L%E(",(OING BU!INE!! UN(ER TE N"%E "N( !T'LE OF "L%E(" TR"(ING, GENERO!OE!UILLO "N( N"TION"L %"R+ETING CORPOR"TION, (EFEN("NT!-"PPELLEE!.

RE'E!, *. B. L., *.

(or/0e

Reey o8 uara0y 5ere ebor / eare /0o;e0. - ere a ebor / Du//ay eare /0o;e0, e reey o8 e uara0or 5ou be o ?e ao0/0e0 a/ /0 e /0o;e0y :roee/0, /8 / r/ a u uara0or orurey are 0o o be barre by e ubeue0 /are o8 e /0o;e0 ebor8ro a / /ab///e.

Fa

I0 1961 Noe/ "ea, arr/e o Ge0eroo Eu/o, a0 o/0 bu/0e u0er e0ae a0 ye o8 "ea Tra/0, e0ere /0o a o0ra 5/ e Na/o0a%are/0 Cor:ora/o0 =N"%"RCO> 8or e :urae o8 oo o0 re/, " bo0 8orPA,., u0erae0 by e %a0/a !urey & F/e/y Co., I0., 5a :oe oeure e "eaH 8a/8u o:/a0e 5/ e er o8 e o0ra.

O0 %ar 196A, uba0 Ge0eroo Eu/o /0/ue ;ou0ary /0o;e0y:roee/0 /0 e Cour o8 F/r I0a0e o8 Lau0a a0 by orer o8 a/ our, e5a eare /0o;e0, 5/ /e re/ a0 :ro:er/e ;aue. I0 e ee/0 o8 e 0ae re/or o8 e /0o;e0, 8or e :ur:oe o8 ee/0 e a/0ee o8 /:ro:er/e, e N"%"RCO 5a re:ree0e a0 / o0/0e0 a/ uy re/ere.

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 8/10

O0 *u0e 196A, a;/0 u0eee ba aou0, N"%"RCO ea0e :aye0ru ea0 eer e0 o "ea a0 %a0/a !urey.

O0 !e:eber 196A %a0/a !urey oe0e a0 a/o0 be8ore e CFI aa/0 e:oue a0 N"%"RCO /0 orer o be reeae 8ro /ab//y u0er e bo0 ear/ereeue, o0 e rou0 a :oue a areay beoe /0o;e0 a0 a

N"%"RCO a re/0e / areee0 5/ a0 ea0e :aye0 5/ e:oue.

Iue JN %a0/a !urey / re/e;e ra0/0 a e :oue :r/0/:a ebor areeare /0o;e0.

e No. Ceary, a o0ra o8 urey /: 5a u reae, %a0/a !urey beoea0 /0urer, 0o erey o8 e eborH o;e0y or ab//y o :ay, bu o8 e eb/e8. U0er e C/;/ Coe, 5/ e eborH /0o;e0y a;/0 bee0 Du//ayreo0/Ke, ere/0 %a0/a !ureyH reor o e our o be reeae 8ro eu0era/0 u aue 5ou a;e bee0 a::ro:r/ae. Ne;eree, euara0orH a/o0 8or reeae a0 o0y be eer/e aa/0 e :r/0/:a ebor a0

0o aa/0 e re/or, a / a::are0 8ro e :re/e er o8 e ea :ro;//o0.<Te uara0or< =ay "r/e 271 o8 e C/;/ Coe o8 e P//::/0e> <e;e0 be8orea;/0 :a/, ay :roee aa/0 e :r/0/:a ebor . o oba/0 a reeae8ro e uara0y.Q Te Dur//a rue ra0 0o aue o8 a/o0 aa/0e re/or 8or a reeae o8 e uara0y, be8ore :aye0 o8 e re/, 8or a :a/0reao0 e re/or / 0o o:eabe o reeae e uara0y =5/ / a :ro:eryr/> aa/0 / 5/.

For, e reeae o8 e uara0or /:or a0 e/0/o0 o8 / ob/a/o0 o ere/or) / o00oe, ere8ore, e/er a re//o0 or a 0o;a/o0 by ubroa/o0, a0e/er o:era/o0 reu/re e re/orH ae0 8or / ;a//y =!ee "r/e 127 a0

"r/e 131>. E:e/ay ou / be e ae 5ere e :r/0/:a ebor abeoe /0o;e0, 8or e :ur:oe o8 a uara0y / eay o :roe e re/oraa/0 u a o0/0e0y.

Co0/er/0 a u0er e o0ra o8 urey/:, 5/ rea/0 ;a/ a0ub//0, e e0/re ob/a/o0 ay e;e0 be ea0e /rey aa/0 e urey/e8, e re/orH a /0 reor/0 ?r o e :ro:er/e o8 e /0o;e0 ebor /o e ureyH a;a0ae. " ea, e aer 5ou be a05erabe o0y 8or5ae;er aou0 ay rea/0 0o o;ere or u0a/?e by e /:o//o0 o8 e/0o;e0H :ro:er/e, 5/ e r/ o o aa/0 ebor-:r/0/:a a8er / a aee 0eeary :aye0 o e re/or. For a0oer, e 8a a e ebor-:r/0/:a ay be /are 8ro a / oua0/0 ob/a/o0 /0 e /0o;e0y

ae 5ou 0o be0e? e urey, a o re/e;e / o8 / /ab//y u0er e ureyareee0. Ta / o :ro;/e /0 !e/o0 6@ o8 e I0o;e0y ", 5/ a beo0ro/0 /0 e ae.

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 9/10

G. R. No. L-12333, February 2@, 19A9

"!!OCI"TE( IN!UR"NCE & !URET' CO., INC., PL"INTIFF "N( "PPELL"NT, #!.B"COLO(-%URCI" %ILLING CO., INC., ET "L., (EFEN("NT! "N( "PPELLEE!.

B"UTI!T" "NGELO, *.

(or/0e

 Tere e :ur:oe o8 e a/o0 / 0o o /:ue e ;a//y o8 a0y ea0 8or

:aye0 a ay a;e bee0 ae u:o0 :a/0/ by e8e0a0 o:a0y o0 ere0 o8 / /ab//y u0er e bo0 bu raer o a 8or / reeae 8ro //ab//y u0er e bo0 8or era/0 brea o8 / o0//o0 o/e by e//0 o:a0y, / / /aer/a or u00eeary o aee /0 e o:a/0 a:a/0/ a e/er :a/ or bee0 reu/re o :ay / ob/a/o0 u0er e bo0 bye re/or o0/er/0 e 0aure o8 e a/0 aue o8 a/o0. I / u/e0 /8 /aee ere/0, a / auay oe, a e o0//o0 aree u:o0 /0 e bo0 abee0 ;/oae. Te o:a/0 ae a ;a/ aue o8 a/o0 /0o8ar a e //0o:a0y / o0er0e.

8/18/2019 Guaranty and Surety Cases Civ 2 Uribe 2015-2016

http://slidepdf.com/reader/full/guaranty-and-surety-cases-civ-2-uribe-2015-2016 10/10

Fa

- !/o R. Ru/K oba/0e 5o ro: oa0 /0 e areae aou0 o8 P11,626.8ro Baoo-%ur/a %//0 Co., I0. =B%>, ubDe o e o0//o0 a e a:o urey bo0 o uara0ee e :aye0 o8 2A o8 a/ ro: oa0)

- 2 urey bo0 u0er "o/ae I0urea0e ="I> /0 e areae aou0 o8 P2,9A6.A 5ere eeue ubDe o e 8oo5/0 o0//o0 5ere "I :u u: a:roe/o0 o8 / /0ere

=1> e B% a a::y e are o8 e ebor /0 e ar;e o8 e ro:8or 5/ e oa0 5ere ra0e o e /u/a/o0 o8 a/ oa0 a0 0o :arereo8 a be a::/e o oer /0ebe0e u0/ e oa0 a;e bee0 8uy/u/ae)

=2> e B% a 0o ra0 a0y a//o0a oa0 o e ebor /0 ee o8 eaerH are /0 e ro: o;ere by e bo0 5/ou e :r/or 5r/e0 o0e0 o8 "I) a0

=3> e /ab//y o8 "I 5/ er/0ae u:o0 o:ee :aye0 o8 e/0ebe0e uara0ee by e bo0)

- o5e;er B% 8a/e o o:y 5/ o0//o0 1 a0 2 5e0 / ra0e o e eboroa0 /0 ee o8 e aerH are /0 e ar;e o8 e ro: o;ere by ebo0 5/ou e 5r/e0 o0e0 o8 "I, a0 5e0 / 8a/e o 0o/8y "I o8 eaou0 e ebor a auay a;a/e /e8 o8 e ro: oa0 oba/0e by /,ereby e:r/;/0 "I o8 / r/ o be a::r/e o8 e aou0 o8 e oa0 auayoba/0e, / 0o/e be/0 0eeary o e0abe :a/0/ o ae e: o :roe //0ere) a0 a /0 ;/e5 o8 e ;/oa/o0 o8 e o0//o0 abo;e-e0/o0e,:a/0/ / eee o a;e bee0 re/e;e o8 / /ab//y u0er e bo0

- B% ?e a %o/o0 o (// a/0 a "I o:a/0 a aue o8 a/o0 aere a bee0 0o ;a/ ea0 o :ay a bee0 ae aa/0 Ru/K a0 "I / 0oe0 ye ae /abe 8or /. CFI ra0e e %o/o0.

Iue JN "I a ;a/ aue o8 a/o0 0o5/a0/0 B%, /0 /0rea/0 e eb,a 0o ae a0y ;a/ ea0 8or :aye0.

e 'e. Te :ur:oe o8 e a/o0 / 0o o /:ue e ;a//y o8 a0y ea0 8or:aye0 a ay a;e bee0 ae u:o0 "I by B% o0 e re0 o8 / /ab//yu0er e bo0 bu raer o a 8or / reeae 8ro / /ab//y u0er e bo08or era/0 brea o8 / o0//o0 o/e by e //0 o:a0y, a0 / / 8or/ reao0 a e a/o0 5a brou aa/0 e //0 o:a0y. I / u/e0/8 / aee ere/0, a / auay oe, a e o0//o0 aree u:o0 /0 ebo0 a bee0 ;/oae. e ere8ore o0ue a e o:a/0 ae a ;a/aue o8 a/o0 /0o8ar a e //0 o:a0y / o0er0e.