southern motors inc. v moscoso (tejano, daryl)

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  • 7/25/2019 Southern Motors Inc. v Moscoso (Tejano, Daryl)

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    Southern Motors Inc. v

    Moscoso

    2 SCRA 168 [1961]

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    FACTS:

    Plant! Southern Motors" Inc. sol# to#e$en#ant An%el Moscoso oneChevrolet truc& on nstal'ent (ass"$or P6"))*.++. ,-on 'a&n% a #on-a/'ent" the #e$en#ant e0ecute# a-ro'ssor/ note $or the su' o$

    P)"91*.++" re-resentn% the un-a#(alance o$ the -urchase -rce tosecure the -a/'ent o$ hch" chattel

    'ort%a%e as consttute# on the

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    $ sa# account" the #e$en#ant ha#-a# a total o$ P**+.++" o$ hchP11+.++ as a--le# to the nterest

    an# P)++.++ to the -rnc-al" thusleavn% an un-a# (alance o$P)")*.++. The #e$en#ant $ale# to

    -a/ 3 nstal'ents on the (alance o$the -urchase -rce. Plaintif led acomplaint against the deendant,

    to recover the unpaid balance o

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    ,-on -lant!4s -etton" a writ oattachment as ssue# (/ the loercourt on the -ro-ertes o$ the

    #e$en#ant. Pursuant thereto" the sa#Chevrolet truc&" an# a house an# lot(elon%n% to #e$en#ant" ere

    attache# (/ the Sher! an# sa#truc& as (rou%ht to the -lant!4sco'-oun# $or sa$e &ee-n%.

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    A$ter attach'ent an# (e$ore the tral o$ the caseon the 'erts" actn% u-on the -lant!4s 'oton$or the ''e#ate sale o$ the 'ort%a%e# truc&"the Provncal Sher! o$ Ilolo sol# the truc& at-u(lc aucton n hch -lant! tsel$ as theonl/ (##er $or P1".. The tral courtcon#e'ne# the #e$en#ant to -a/ the -lant!the a'ount o$ P)")*.++ th nterest at the rate

    o$ 125 -er annu' $ro' Au%ust 16" 19*"untl$ull/ -a#" -lus 1+5 thereo$ as attorne/s $eesan# costs. ence" ths a--eal (/ the #e$en#ant.

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    ISS,7:

    hether or not the attach'entcause# to (e leve# on the truc& an#ts ''e#ate sale at -u(lc aucton"

    as tanta'ount to the $oreclosure o$the chattel 'ort%a%e on sa# truc&.

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    R,I;:

    o. Artcle 1)8) o$ the Cvl Co#e -rov#es thatn a contract o$ sale o$ -ersonal -ro-ert/ the-rce o$ hch s -a/a(le n nstall'ents" theven#or 'a/ e0ercse an/ o$ the $ollon%re'e#es: ll'ent o$ the o(l%aton"shoul# the ven#ee $al to -a/?

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    The -lant! ha# chosen the >rstre'e#/. The co'-lant s an or#nar/cvl acton $or recover/ o$ the

    re'ann% un-a# (alance #ue on the-ro'ssor/ note. The -lant! ha# nota#o-te# the -roce#ure or 'etho#s

    outlne# (/ Sec. 1) o$ the ChattelMort%a%e a (ut those -rescr(e#$or or#nar/ cvl actons" un#er the

    Rules o$ Court.

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    That the -lant! ## not nten# to$oreclose the 'ort%a%e truc& s$urther ev#ence# (/ the $act that t

    ha# also attache# the house an# loto$ the a--ellant at San @ose" Antue.e -erceve nothn% unla$ul or

    rre%ular n -lant!4s act o$ attachn%the 'ort%a%e# truc& tsel$.

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    Snce the -lant! has chosen toe0act the $ul>ll'ent o$ thea--ellant4s o(l%aton" t 'a/ en$orce

    e0ecuton o$ the Bu#%'ent that 'a/(e $avora(l/ ren#ere# hereon" on all-ersonal an# real -ro-ertes o$ the

    latter not e0e'-t $ro' e0ecutonsucent to sats$/ such Bu#%'ent.