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Nacoco 91 Phil
503Facts:
On Jan 4, 1942,
during the
Japanese
occupation,
Taiwan Tekkosho
(Japanese
corporation)
acquiredthe
plaintiffs property
(land with
warehouse
in Pandacan,
Manila) for
Php140K
On April 4, 1946,
after the liberation,
the US took
control and
custody of the
aforementioned
enemysland under
Sect 12 of the
Trading with the
Enemy Act
In August 1946,
when the Copra
Export
Management Co.
vacated the
property, the
National
CoconutCorporatio
n (NACOCO), the
defendant,
occupied it next
Sagrada Orden
(plaintiff) files
claims on the
property with the
Court of First
Instance of Manila
andagainst the
Philippine
Alien Property
Administrator
Plaintiff petitions
that the sale of the
property to Taiwan
Tekkosho should
be declared null
and void asit was
executed under
duress, that the
interest of the
Alien Property
Custodian be
cancelled, and
thatNACOCO be
given until
February 28, 1949
to recover its
equipment form
the property and
vacate thepremise
The Republic of
the Philippines is
allowed to
intervene
CFI: the
defendant
(Philippine Alien
Property
Administrator) and
the intervenor
(RP) are released