678 Philippine Reports Annotated: People vs. Mapoy and Maipid
678 Philippine Reports Annotated: People vs. Mapoy and Maipid
678 Philippine Reports Annotated: People vs. Mapoy and Maipid
1.C L P ;V B S L (A N . 3952);
W P I O P D L .—Defendants
were charged with violation of the Bulk Sales Law in that they mortgaged all of
their stock of goods, etc., without any notice to Daido Boeki Kaisha, Ltd., one of
the offended parties, to which they were indebted in the sum of P2,568.85. They
pleaded guilty and each sentenced by the Court of First Instance of Manila to
pay a fine of P100, and the costs, and to indemnify Daido Boeki Kaisha, Ltd.,
jointly and severally in the sum of P2,568.85, with subsidíary imprisonment in
case of insolvency. Held: That it was error for the trial court to consider said
indebtedness as a liability arising from the crime charged, and to order
defendants to indemnify Daido Boeki Kaisha, Ltd., in the sum of P2.568.85,
with subsidíary imprisonment in case of insolvency.
2.I .; I .; I .—Inasmuch as under section 4 of the Bulk Sales Law, the mortgage in
question was fraudulent and void, and there being no proof that the mortgaged
goods have disappeared, the same are still subject to attachment for the
satisfaction of creditors' lawful claims against the defendants. Daido Boeki
Kaisha, Ltd., may still bring a separate civil action against defendants herein for
the collection of any indebtedness that may be due from defendants, and if the
latter will not pay the judgment in such civil case, the goods involved in the
instant case may be seized and sold. Therefore, the obligation of defendants to
pay Daido Boeki Kaisha, Ltd., the sum of P2,568.85, which was already existing
when the mortgage was signed, was not the result of the violation of the Bulk
Sales Law, nor was it affected by said violation.