Vicente Artuyo v. Antero Azaña

Summary

This case involved a dispute between Vicente Artuyo and Antero Azaña over ownership of P50,000 deposited with Philippine National Bank in Azaña's name. The Court of First Instance of Manila initially adjudicated the entire amount to Artuyo, with Azaña appealing to the Supreme Court. During the appeal, both parties reached a compromise agreement to settle the case amicably. The Supreme Court approved the compromise under Article 1809 of the Civil Code, ordering the money (now held by Monte de Piedad and Savings Bank) to be distributed with P15,000 going to Azaña and P35,000 plus interest going to Artuyo, with various attorney's fees to be deducted from their respective portions. The case demonstrates the court's approval of amicable settlements in civil disputes over property rights and monetary obligations.