UNIVERSAL ROBINA SUGAR MILLING CORPORATION

Jun 16th, 2015
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California State University - Long Beach
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Andres Abanto owned two parcels of land situated in Campuyo, Manjuyod, Negros Oriental. One lot, consisting of 55,463 square meters, is registered in his name under Transfer Certificate of Title (TCT) No. H-37 of the Registry of Deeds of said province. The other lot with an area of 193,789 square meters is unregistered. He died on February 16, 1973.

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THIRD DIVISION[G. R. No. 128574. September 18, 2002]UNIVERSAL ROBINA SUGAR MILLING CORPORATION, petitioner, vs. HEIRS OF ANGEL TEVES, respondents.D E C I S I O NSANDOVAL-GUTIERREZ, J.:Andres Abanto owned two parcels of land situated in Campuyo, Manjuyod, Negros Oriental. One lot, consisting of 55,463 square meters, is registered in his name under Transfer Certificate of Title (TCT) No. H-37 of the Registry of Deeds of said province. The other lot with an area of 193,789 square meters is unregistered. He died on February 16, 1973.[1]On October 19, 1974, Andres Abanto's heirs executed an "Extrajudicial Settlement of the Estate of the Deceased Andres Abanto and Simultaneous Sale."[2] In this document, Abanto's heirs adjudicated unto themselves the two lots and sold the (a) unregistered lot of 193,789 square meters to the United Planters Sugar Milling Company, Inc. (UPSUMCO), and (b) the registered lot covered by TCT No. H-37 to Angel M. Teves, for a total sum of P115,000.00. The sale was not registered.[3]Out of respect for his uncle Ignacio Montenegro, who was UPSUMCO's founder and president, Teves verbally allowed UPSUMCO to use the lot covered by TCT No. H-37 for pier and loading facilities, free of charge, subject to the condition that UPSUMCO shall shoulder the payment of real property taxes and that its occupation shall be co-terminus with its corporate existence.[4] UPSUMCO then built a guesthouse and pier facilities on the property.[5]Years later

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