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Goquiolay vs. Sycip (Motion For Reconsideration) PDF
Goquiolay vs. Sycip (Motion For Reconsideration) PDF
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“x x x Mr. Yu Eng Lai asked me if I can just let Mrs. Kong Chai
Pin continue to manage the properties (as) she had no other
means of income. Then I said, because I wanted to help Mrs. Kong
Chai Pin, she could just do it and besides I am not interested in
agricultural lands. I allowed her to take care of the properties in
order to help her and because I believe in God and—wanted to
help her.”
667
And also—
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________________
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674
675
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of inheritance,
1
in which case acceptance of the inheritance
is enough. But here Tan Sin An died intestate.
Now, could Kong Chai Pin be deemed to have declared
her intention to become a general partner by exercising
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_______________
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_______________
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Kong Chai Pin did not have such power when she sold the
properties of the partnership.
Of course, there is authority to the effect that a
managing partner, even without express power of attorney,
may perform acts affecting ownership if the same are
necessary to promote or accomplish a declared object of the
partnership, but here the transaction is not for this
purpose. It was effected
6
not to promote any avowed object
of the partnership. Rather, the sale was effected to pay an
obligation of the partnership by selling its real properties
which Kong Chai Pin could not do without express
authority. The authorities supporting this view are
overwhelming.
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690
Motion denied.
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