[ G.R. No. 11156. March 28, 1916 ] 34 Phil. 488
[ G.R. No. 11156. March 28, 1916 ]
IN THE MATTER OF THE VOLUNTARY INSOLVENCY OF DU TEC CHUAN. M. G. VELOSO AND M. F. DE SOUZA, PLAINTIFFS AND APPELLANTS. D E C I S I O N
PER CURIAM:
This appeal involves two claims presented to the assignee in the bankruptcy proceedings of Du Tec Chuan; one by M. F. de Souza for services rendered to Du Tec Chuan before going into bankruptcy; and the other by M. G. Veloso who asks to be declared a preferred creditor and entitled to have his claim paid out of the insurance money collected as a result of the destruction by fire of certain personal property on which the said Veloso held a chattel mortgage. The fact that claimant held the chattel mortgage is the reason why the preference is claimed.
After a careful examination of the record we have reached the conclusion that the trial court was correct in its decision with respect to both claims; and on the opinions written in these two cases we affirm the judgment appealed from, with costs against the appellants. So ordered.
Torres, Johnson, Trent, and Araullo, JJ. Moreland, J., see concurring opinion.