Fact: Defendant decided to revoke the authority granted by him to Plaintiff to exploit and develop the mining claims, and plaintiff assented thereto subject to certain conditions. As a result, a document was executed wherein Plaintiff transferred to Defendant, for the consideration of P20,000.00, plus 10% of the royalties that Defendant would receive from theContinue reading “GAITE vs. FONACIER G.R. No. L-11827, July 31, 1961”
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