Beruflich Dokumente
Kultur Dokumente
Francisco Jarque
G.R. No. L-41506
March 25, 1935
Malcolm, J.
Ruling: Yes. Personal property includes vessels, thus, they are subject to the provisions of the Chattel
Mortgage Law. The Chattel Mortgage Law provides that absence of an Affidavit of Good Faith makes the
mortgage unenforceable against the creditors and subsequent encumbrance.
The Court also noted that although vessels are personal property, they partake to a certain extent of
the nature and conditions of Real property because of their value and importance in the world of commerce. Commented [FIR3]: Facts = bold letters, NOT all caps.
leave one space(space sa keyboard) after colon
Issue= bold letter, NOT all caps (spell out whether or not,
NOT “WON”)
Ruling= bold letters, NOT all caps. same with facts. please
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