Estate of Núñez v. Montilla

15 P.R. 450
Supreme Court of Puerto Rico·Decided June 22, 1909·No. No. 377·Published

Opinion

Me. Justice Figueeas

delivered the opinion of the court.

By public deed executed on September 24, 1870, before Notary Demetrio Giménez y Moreno, as the. substitute of Mauricio Guerra, Juan Bausilio Núñez constituted a voluntary mortgage in favor of Vicente Rodriguez, for the sum of 1,600 escudos, of which he acknowledged himself to be the debtor, which mortgage was constituted for á period of four months from the date of the deed, with interest at the rate of two per cent per month, on an estate called “Aurora,” belonging to the debtor, situated in the judicial district of Bayamón, barrio of Juan Sánchez, consisting of 142 cuerdas of land, adjoining the estate called “Isleta,” the Estate of Santa Cruz, property, belonging to Arturo Zarate, the Estate of Mascaro and Juana Peretao. By another public deed executed on November 21 of the same year, before Ramón Rodríguez, a notary of Bayamón, the. said Vicente Rodriguez 'assigned and conveyed all his rights and actions in the sáid mortgage to José Ramón Tibot, from whom he acknowledged that he had received its value. Qn April 19, 1894, José Ramón Tibot executed a private document acknowledging the receipt from the hands of Emilio Montilla y Valdespino, to his entire satisfaction of the sum of 3,800 Mexican pesos, the money current, representing the principal and interest of the mortgage credit which had been assigned him by Vicente Rodríguez and which encumbered the [452]*452rural estate called Aurora/against which he had brought execution proceedings in the Court of First Instance of Yega Baja for the purpose of enforcing payment of the said credit, which he conveyed by said private document to Montilla, the assignor assuming the obligation of prosecuting the execution proceedings to the end until the sale of the estate should be obtained and Montilla left in possession thereof with a deed of ownership, all in. accordance with a private agreement entered into on the same date between the two contracting parties, with the right on the part of the contracting parties to conclude the agreement referred to in another form.

By public deed of August 16, 1906, executed before Luis Campillo, a notary of San Juan, Emilio Montilla y Valdes-pino, having become the owner of the mortgage credit to which reference has been made, assigned it to Fernando J. Montilla y Márquez, with all the interests, rights and actions appurtenant thereto, for the price of $1,000, which sum he acknowledges he received to his entire satisfaction prior to the execution of the deed and for which he executed to him a full and absolute receipt. And by another deed of October 27, 1906,. executed before the said notary, Luis Campillo, Carmen Tibot y Fuentes, unmarried, and Maria del Carmen Fuentes y Mai-sonet, a widow, the former in her own right and as the executor of José Ramón Tibot, which capacity she establishes by a decision of the District Court of San Juan of August 19, 1906,, by which said court issued testamentary letters in favor of said Carmen Tibot y Fuentes, both parties state that on September 24, 1870, Juan Basilio Núñez constituted a mortgage in favor of Vicente Rodríguez for the sum of 1,600 escudos, the money then current, on an estate belonging to him called Aurora, which mortgage was recorded in the Registry of Property of San Juan and assigned by Vicente Rodriguez, to José. Ramón Tibot on November 21, 1870, the assignment being also recorded in the Registry of Property of San Juan ^ that José Ramón Tibot, having become the owner of said mortgage credit, assigned it by private document dated April 19,, [453]*4531894, to Emilio Montilla y Yaldespino, for the sum of 1,000 Mexican pesos, which he acknowledged that he received to his entire satisfaction; that José Ramón Tibot died in the town of Bayamón on July 18, 1906, leaving a will executed before Notary Tomás Yaldejuli, on April 30, 1906, by which he constituted Carmen Tibot y Puentes his sole and universal heir, and his wife, Maria del Carmen Puentes, to the portion prescribed by law; that Emilio Montilla y Yaldespino together with his wife, assigned to Fernando J. Montilla, all the rights and actions which Emilio Montilla had in said mortgage credit; that the parties, Carmen Tibot y Puentes and Maria del Carmen Puentes y Maisonet, knowing the foregoing facts, and that J osé R. Tibot, upon the demand of a party thereto was obliged to convert into a public instrument the private document executed in favor of Emilio Montilla on April 19, 1894, by which he had assigned to him the mortgage credit referred to; the parties were those called on to perform the obligations of their predecessor in interest, for which reason they agreed with the other party to the deed, Fernando J. Montilla, to assign the said mortgage credit under the following clauses and conditions: Carmen Tibot y Puentes and Carmen Puentes y Tibot, the former as the executor and both as the heirs of José R. Tibot, by said deed assign the mortgage credit in reference to Fernando J. Montilla, subrogating Mm in their place and right, in order that he may collect it from the person possessing the property on which said mortgage is constituted, with interest and the other rights appurtenant thereto, and that by virtue of the facts stated/ they acknowledge1 the receipt of the price for which such assignment is made to their entire satisfaction, executing therefor a full receipt in favor of Fernando J. Montilla, who, on his part, accepts such assignment and agrees to the stipulations.

Under date of July 31, 1907, Fernando J. Montilla instituted foreclosure proceedings in the district court of San Juan for the recovery of the mortgage credit, the subject of the deeds mentioned, for 1,600 escudos, as principal — that is to [454]*454say, 800 Spanish pesos and interest at the rate of two per cent per month for 20 years, amounting to 3,840 Spanish pesos — and the proceedings having been prosecuted through all the stages and the sale of the mortgaged estate being about to take place, Attorney Antonio Sarmiento appeared in said court on behalf of the Estate of Juan Basilio Núñez, consisting of Isabel and Gonzalo Núñez Rivera, Matilde Nú-ñez Aguayo Belén, Herminio, Antonio and Mercedes Padial y Núñez and Antonio Blanco y Pérez, all of them of age, and filed the complaint which is the origin of this action against Fernando J. Montilla, praying that the mortgage proceedings prosecuted by the latter for the recovery of the principal and interest of said mortgage be annulled as well as the assignment of said mortgage credit by Carmen Tibot y Fuentes and Carmen Fuentes to Fernando J. Montilla on October 27, 1906; that the deed containing such assignment be declared null and void and that the cancellation of the record thereof in the registry of property be ordered, alleging as the ground for such petitions that in said mortgage proceedings the present defendant has not presented documents sufficient to establish his capacity, nor deeds sufficient to establish his credit with the formalities required by the former Law of Civil Procédure to authorize writs of execution, and that in addition thereto, the deed by virtue of which the mortgage credit had been recorded in the registry of property in favor of the plaintiff, Fernando J. Montilla, is a public deed of October 27, 1906, executed before Notary Luis Campillo, by which Carmen Tibot and Carmen Fuentes purely and simply assign the credit referred to, to Fernando J.

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Estate of Núñez v. Montilla, 15 P.R. 450 (prsupreme 1909).

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