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EN BANC

G.R. No. L-24990   July 3, 1968

WILLIAM C. PFLEIDER, Plaintiff-Appellee, vs. REPUBLIC OF THE PHILIPPINES (Represented by the Land Authority), ET AL., defendants-appellants,
JOSE G. ESPINO, defendant.

Porfirio C. David for plaintiff-appellee.
Eficio B. Acosta for defendant Jose G. Espino.
Office of the Solicitor General for defendants-appellants.

SANCHEZ, J.:chanrobles virtual law library

After the briefs were filed and this case submitted for decision the parties agreed to compromise, and on June 19, 1968 submitted to this Court a compromise agreement, which reads: .

COMPROMISE AGREEMENTchanrobles virtual law library

The parties hereto, assisted by their respective counsel, in compliance with the resolution of this Honorable Court, of May 20, 1968, hereby manifest that they have arrived at the following compromise agreement, to wit:

1. That plaintiff-appellee hereby waives all his rights under the decision of the Court of First Instance of Negros Occidental, in Civil Case No. 206, subject of the present appeal, which decision would be rendered unenforceable and without effect upon approval of this Compromise Agreement by this Honorable Tribunal;chanrobles virtual law library

2. That in consideration of said waiver, defendants-appellants likewise waive all their rights and interest in the property subject of the present litigation, if any, by virtue of the Deed of Absolute Sale sought to be enforced in this action;chanrobles virtual law library

3. That defendants-appellants' waiver does not in any manner prevent the government, through its proper aim, when conditions circumstances and factors arise, to acquire the subject property under the terms and conditions of existing legislation for the purpose of subdivision and resale into economic size farm units pursuant to the policy of land reform, viz a viz, to establish owner-cultivatorship and the economic family size as the basis of Philippine agriculture;

WHEREFORE, it is respectfully prayed that the foregoing compromise agreement be approved, and that a decision be rendered in accordance therewith.chanroblesvirtualawlibrarychanrobles virtual law library

Manila, Philippines, June ____, 1968.

(SGD.) WILLIAM C. PFLEIDER
Plaintiff-Appellee

ASSISTED BY:

(SGD.) PORFIRIO C. DAVID
Counsel for Plaintiff-Appellee
318 J. M. Tuazon Bldg.
303 Escolta, Manila

REPUBLIC OF THE PHILIPPINES
(represented by Land Authority)

By:

(SGD.) CONRADO ESTRELLA
Governor, Land Authority

ASSISTED BY:

ANTONIO P. BARREDO
Solicitor General

(SGD.) ANTONIO A. TORRES
Assistant Solicitor General

(SGD) RAUL I. GOCO
Solicitor

WHEREFORE, the foregoing compromise agreement is hereby approved and judgment is hereby rendered in accordance therewith. No costs. So ordered.

Concepcion, C.J., Reyes, J.B.L., Dizon, Makalintal, Zaldivar, Angeles and Fernando, JJ., concur.
Castro J., took no part.