G. R. No. 4199. December 24, 1909

RICARDO NOLAN, PALINTIFF AND APPELLEE, VS. VICENTE FRANCO, DEFENDANT AND APPELLANT.

Decisions / Signed Resolutions December 24, 1909
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Action for the  recovery upon a promissory note issued in favor, and indorsed by, the payee to the plaintiff.  Defendant acknowledged the note, but alleged that  the debt had been paid by an assignment to the former creditor.  Evidence found insufficient to establish this contention, and, as the note remained in the possession of the creditor and defendant had taken no steps to recover it, judgment affirmed.

Per Mapa, J.