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PHILIPPINE SUPREME COURT DECISIONS

FIRST DIVISION

[G.R. No. 30831. September 2, 1929. ]

PHILIPPINE NATIONAL BANK, Plaintiff-Appellee, v. TAN ONG SZE, Viuda de Tan Toco, Defendant-Appellant.

Soriano & Nepomuceno for Appellant.

Roman J. Lacson for Appellee.

SYLLABUS


1. HOW POWER OF ATTORNEY SHOULD BE CONSTRUED. — A power of attorney like any other instrument, is to be construed according to the natural import of its language; and the authority which the principal has conferred upon his agent is not to be extended by implication beyond the natural and ordinary significance of the terms in which that authority has been given The attorney has only such authority as the principal has chosen to confer upon him, and one dealing with him must ascertain at his own risk whether his acts will bind the principal.

2. POWER TO SELL AND CONVEY DOES NOT CONFER POWER TO MORTGAGE.
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