FRANCISCO VALDES, PETITIONER, VS. HONORABLE COURT OF APPEALS AND HEALTH SERVICE CORPORATION, RESPONDENTS.

On May 17, 1977,
the parties, assisted by their respective counsel, filed the following motion
to dismiss dated May 3, 1977:

“COME NOW the parties in the above entitled case and to this
Honorable Supreme Court respectfully move that the above entitled case be
dismissed as they have fully settled their differences amicably and further
declare that they have no claim against each other either pecuniary or
otherwise and further declare that they release one another from any and all
kinds of liability whatsoever.

“Manila, May 3, 1977.

“Respectfully submitted,

“HEALTH SERVICE                                                                                                 “FRANCISCO
VALDES, ET AL.

CORPORATION                                                                                                                     “Petitioners

Private
Respondent

“By:                                                                                                                           By:

(SGD.) ESTRELLA G. VILLASENOR                                                                      BANK
OF THE PHILIPPINE ISLANDS

Administrator                                                                                                   (In
its capacity as guardian/

attorney in fact of Francisco Valdes, et al.)

“(SGD.)
BENITO R. ARANETA

Vice-President

“(SGD.)
ROLANDO V. AROMIN

Senior Asst. Trust
Officer

“ASSISTED BY:                                                                                            “ASSISTED
BY:

(SGD.) REYNALDO C. PATAWARAN                                                                     ARANDA
LAW OFFICE

Counsel for Private
Respondent                                                                        By:

Suite
503 Puzon Bldg.                                                                                       (SGD.)
ANTONIO K. ARANDA

E.
Rodriguez Sr. Blvd.                                                                                             Counsel
for Petitioners

Quezon City                                                                                               Mezzanine
Floor, Bank of P.I. Bldg

Plaza Cervantes, Manila”

WHEREFORE, THE PARTIES ARE HEREBY DIRECTED TO ABIDE BY THE
TERMS OF THE FOREGOING MOTION TO DISMISS AND THIS CASE IS HEREBY DISMISSED AND
TERMINATED, WITHOUT COSTS.

Teehankee, (Chairman), Muñoz Palma, and
Martin, JJ., concur.

Antonio, J., concurred and was
designated to sit in the First Division.