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DOCTRINE
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TC San Juan may try the case despite it being issued at Rural Bank
San Juan, deposited at PSBank San Juan, but dishonored at Assoc
Bank Tarlac.
FACTS
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Nov 16 1989
o Alfredo Rigor applied for a P500k commercial loan from
Rural Bank (RB) San Juan on Nov 16 1989. Rigor signed a
Promissory Note (PN) stating a 24% interest per year. The
loan was approved by RB San Juan Manager de Guzman
and Controller Agapito Uy. A cashiers check with P487k net
proceeds of loan was issued to Rigor. Rigor endorsed and
encashed the check with the RB San Juan teller Cruz who
stamped the word Paid. Rigor issued an undated
Associated Bank (AB) Tarlac Branch check in the amount of
P500k payable to RB San Juan. The application, approval
and receipt of proceeds were all in one day because Rigor is
the kumpare of RB San Juan President and he is well-known
to directors because they all come from Tarlac.
Rigor failed to pay the loan upon maturity of the loan on Dec 16 1989.
Rigor personally asked a 2 month extension but still failed to pay so
asked for another 2 month extension. Rigor failed to pay and asked
for a 30 day extension on Apr 16 1990 but was now denied by de
Guzman.
de Guzman sent a formal demand letter on Apr 25 1990.
RB San Juan deposited the AB check with PSBank (PSB) San Juan
on May 25 1990, but was returned because the account was closed.
AB Tarlac Employee Pasion declared the account was closed and
had at most P40k. Hence, the check was dishonored in Tarlac
despite it being deposited in PSB San Juan and was formerly issued
with RB San Juan.
ISSUE
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W/N the Trial Court of Pasig had jurisdiction to try and decide case
for violation of BP 22. YES
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DISPOSITION
WHEREFORE, the petition is DENIED and the assailed Decision of the Court
of Appeals, in CA-G.R. CR No. 18855, is hereby AFFIRMED. Costs against
petitioner.
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