On May 17, 1977, the parties, assisted by their respective counsel, filed the following motion to dismiss dated May 3, 1977:jgc:chanrobles.com.ph

"COME NOW the parties in the above entitled case and to this Honorable Supreme Court respectfully move that the above entitled case be dismissed as they have fully settled their differences amicably and further declare that they have no claim against each other either pecuniary or otherwise and further declare that they release one another from any and all kinds of liability whatsoever.

"Manila, May 3, 1977.

"Respectfully submitted,

"HEALTH SERVICE FRANCISCO VALDES, ET AL.

CORPORATION "Petitioners

Private Respondent

"By: By:chanrob1es virtual 1aw library

(SGD.) ESTRELLA G. VILLASEÑOR BANK OF THE

Administrator PHILIPPINE ISLANDS

(In its capacity as guardian/

attorney in fact of Francisco

Valdes, Et. Al.)

"(SGD.) BENITO R. ARANETA

Vice-President

"(SGD.) ROLANDO V. AROMIN

Senior Asst. Trust Officer

"ASSISTED BY: "ASSISTED BY:chanrob1es virtual 1aw library

(SGD.) REYNALDO C. PATAWARAN ARANDA LAW OFFICE

Counsel for Private

Respondent By:chanrob1es virtual 1aw library

Suite 503 Puzon Bldg. (SGD.) ANTONIO K. ARANDA

E. Rodriguez Sr. Blvd. Counsel for Petitioners

Quezon City Mezzanine Floor, Bank of P.I. Bldg.

Plaza Cervantes, Manila"

WHEREFORE, THE PARTIES ARE HEREBY DIRECTED TO ABIDE BY THE TERMS OF THE FOREGOING MOTION TO DISMISS AND THIS CASE IS HEREBY DISMISSED AND TERMINATED, WITHOUT COSTS.

Teehankee (Chairman), Antonio, Muñoz Palma and Martin, JJ., concur.

Antonio, J., was designated to sit in the First Division.