SANTIAGO SYJUCO, INC., PETITIONER, VS. CITY ASSESSOR OF PASAY CITY, RESPONDENT.

Santiago Syjuco, Inc. is the registered
owner of two parcels of land with improvements located at Roxas Boulevard and Roberts
Street, Pasay
City which were assessed sometime in 1964 by the City Assessor of Pasay City for taxation purposes in the sum of P512,670.00.  A
reconsideration of the assessment was sought but this was denied hence, Syjuco appealed to the Board of Assessment Appeals of Pasay City which in a decision dated November 6, 1964 reduced the new assessment from
P512,670.00 to its previous value of P116,690.00.  The City Assessor refused to implement the decision
of the Board of Assessment Appeals of Pasay City and
instead elevated the matter for review to the Secretary of Finance in
accordance with the provisions of Republic Act No. 3275.  (Brief of Petitioner, pp.1-3)

In the meantime, Santiago Syjuco, Inc.
filed a Petition for Review with the Court of Tax Appeals praying that judgment
be rendered requiring the City Assessor of Pasay City
to carry into effect the decision of the Board of Assessment Appeals of Pasay City and also for collection of moral and actual
damages against the City Assessor.  The
Petition was however dismissed by the Court of Tax Appeals in its resolution of November 5, 1965 on grounds of lack of jurisdiction to
entertain the same.  (pp. 15-18, rollo).

From that resolution of
the Court of Tax Appeals, this Petition for Review was filed by Santiago Syjuco, Inc. on December 16, 1965, assigning one error, to wit:  that the Court of Tax Appeals erred in
holding that it had no jurisdiction over its petition.

The Court gave due course
to the Petition for Review and the petitioner as well as the respondent City
Assessor of Pasay City filed their respective briefs.

On May 6,
1977, this Court in
a Minute Resolution required the parties to show cause why this Petition for
Review should not be dismissed for having become moot and academic considering
the length of time that had transpired since the case was considered submitted
for decision.

In a Manifestation dated May 25,
1977, Atty. Antonio
C. Pastelero, counsel for Santiago Syjuco Inc. informed the Court that the issues in the
instant petition had already been settled and that petitioner’s petition for
review had become moot and academic.

IN VIEW OF THE ABOVE, We hereby dismiss this Petition without
pronouncement as to costs.

So Ordered.

Teehankee, (Chairman), Makasiar, Antonio, and Martin,
JJ., concur.