— Mercantile Law —

FLEISCHER vs. BOTICA NOLASCO CO., INC G.R. No. 23241 March 14, 1925 Corporation Law, Shares of stock, Transfer of shares of stock

October 14, 2017

FACTS: Manuel Gonzalez was the original owner of the five shares of stock in question, of the Botica Nolasco, Inc. He assigned and delivered said five shares to the plaintiff, Henry Fleischer, in consideration of a large sum of money owed by Gonzalez to Fleischer In his amended complaint, plaintiff, Fleischer prayed for defendant to… Read More FLEISCHER vs. BOTICA NOLASCO CO., INC G.R. No. 23241 March 14, 1925 Corporation Law, Shares of stock, Transfer of shares of stock

— Corporation Law, Mercantile Law —

NAVA vs. PEERS MARKETING CORP., 74 SCRA 65 G.R. No. L-28120 November 25, 1976 Shares of Stock, Stock Certificate, Stock Subscription, Transfer of its Shares of Stock

October 14, 2017

FACTS: Teofilo Po as an incorporator subscribed to eighty shares of Peers Marketing Corporation. Po paid two thousand pesos or twenty-five percent of the amount of his subscription. No certificate of stock was issued to him or, for that matter, to any incorporator, subscriber or stockholder. Po sold to Ricardo A. Nava for two thousand… Read More NAVA vs. PEERS MARKETING CORP., 74 SCRA 65 G.R. No. L-28120 November 25, 1976 Shares of Stock, Stock Certificate, Stock Subscription, Transfer of its Shares of Stock