Credtrans PNB vs. Se

I. II.

Title:

PNB vs. Se G.R. No. 119231 April 18, 1996

Doctrine Sec. 27. What claims are included in the warehouseman’s lien. - Subject to the provisions of section thirty, a warehouseman shall have lien on goods deposited or on the proceeds thereof in his hands, for all lawful charges for storage and preservation of the goods; also for all lawful lawful claims claims for money money advanced, advanced, interest, insurance, insurance, transportati transportation, on, labor, labor, weighing coopering and other charges and expenses in relation to such goods; also for all reasonable charges and expenses for notice, and advertisement of sale, and for sale of the goods where default has been made in satisfying t he warehouseman’s lien. Sec. 31. Warehouseman need not deliver until lien i s satisfied. - A warehouseman having a lien valid against the person demanding the goods may refuse to deliver the goods to him until the lien is satisfied.

III.

!cts  No!"#s Ar$ iss%e& sever!l '!re"o%se receipts coverin( s%(!r stoc$s &eposite& )* Ros! S* o+ RNS erc"!n&isin( !n& t"ose &eposite& )* Teresit! o+ St. T"erese. T"e '!re"o%se '!re"o%se receipts -%e&!ns/ -%e&!ns/ 'ere ne(oti!te& ne(oti!te& !n& en&orse& to R!0os R!0os !n& olet! '"o %se& t"e %e&!ns !s sec%rit* +or t'o lo!n !(ree0ents 'it" PNB +or P1.6 !n& P23.. •

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R!0os !n& olet! +!ile& to p!* t"eir lo!n "ence PNB &e0!n&e& +ro0 No!"#s Ar$ t"e &eliver* &eliver* o+ t"e s%(!r stoc$s covere& )* t"e '!re"o%se '!re"o%se receipts receipts )%t No!"#s No!"#s Ar$  re+%se& !lle(in( o'ners"ip over it. PNB to RT: o0pl!int +or Speci+ic Per+or0!nce 'it" Applic!tion +or Preli0in!r* Att!c"0ent v. No!"#s Ar$.

I=.

=.

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RTC: Gr!nte& No!"#s Ar$ o0ni)%s 0otion !n& &en*in( PNB#s 'rit o+ e;ec%tion.

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