Case ID: pr_31/html/0277-01.html
Source: Caselaw Access Project
Author: {"author": "' Me.'Justice Audrey", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Santiago, Plaintiff and Appellee, v. Maldonado et al., Defendants and Appellants.
    Appead from the District Court of Ponce in an Action to Annul an Attachment.
    No. 2760.
    Decided December 15, 1922.
    Attachment — Agricultural Loans — Preference.—1Tlie preference that a creditor may have under -the Act. of 1904 governing .agricultural loans with regard to the property on which the loan was made and which has been attached in an action brought by another person against the debtor, can not be invoked by the debtor, but only by the creditor.
    The. facts are stated in the opinion.
    
      Mr. C. Brwnet for the appellants.
    
      : Mr. M. A. Rivera for the appellee.
   ' Me.'Justice Audrey

delivered the opinion of the court.

This was an.action to recover the sum of $3,000 on a promissory note which matured on October 18, 1921. Defendant Miguel Maldonado entered appearance and alleged that an attachment had been levied in this action on certain cattle, horses, carts and a carriage belonging to him which Vere pledged as security for an agricultural loan of $7,000 made to José Valedón on October 17, 1921, and to fall due on October 15, 1927, the said obligation being then unpaid. For that reason he prayed the court to dissolve the attachment. This motion was overruled and he took the present appeal, assigning as error the failure of the court to recognize the preference of the agricultural loan with regard to the properties attached.

The preference that José Valedón may have under the . Act of March 10, 1904, governing agricultural loans by virtue of his credit with regard to the property attached in his case can be invoked only by him and not. by his debtor, Miguel Maldonado; therefore, the court did not commit the error assigned by the appellant.

The order appealed from must be

Affirmed.

Chief Justice Del Toro and Justices Wolf, Hutchison and Franco Soto concurred.