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SUPREMECOURTREPORTSANNOTATEDVOLUME312
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FIRST DIVISION.
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Regional Trial Court of Makati in favor of petitioner Jose Ma. T. Garcia in Civil
Case No. 13607.
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II
The Court of Appeals decided the appeal in a manner not in
accord with applicable jurisprudence when it disregarded the
admissions of the private respondents and, despite ruling that
Summary Judgment was proper, made its own findings of facts
which were contrary to the said admissions.
III
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Army and Navy Club of Manila, Inc. v. Court of Appeals, 271 SCRA 36 (April
8, 1997) see also Philippine National Bank v. Noahs Ark Sugar Refinery, 226
SCRA 36 (1993) Mercado v. Court of Appeals, 162 SCRA 75 (1988) Vergara, Sr. v.
Suelto, 156 SCRA 753 (1987).
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thing or the enjoyment of a right. Literally,
to possess
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Record, p. 201.
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Other rights pertaining to ownership are the right to enjoy the thing
owned to receive from the thing what it produces to consume the thing by
its use and the right to exclude other persons from possession thereof,
supra.
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Id.
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678 (1993).
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Art. 2085. The following requisites are essential to the contracts of pledge and
mortgage:
(1) That they be constituted to secure the fulfillment of a principal obligation
(2) THAT THE PLEDGOR OR MORTGAGOR BE THE ABSOLUTE OWNER
OF THE THING PLEDGED OR MORTGAGED
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