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L. L. HILL v. MAXIMINA CH. VELOSO ET AL.

This case has been cited 1 times or more.

2015-04-06
BRION, J.
The same ruling was made in an older case[29] where the creditor issued a receipt which specifically identified the payment as referring to the principal. We held that the interest allegedly due cannot be recovered, in conformity with Article 1110 of the Old Civil Code, a receipt from the creditor for the principal, that contains no stipulation regarding interest, extinguishes the obligation of the debtor with regard thereto when the receipt issued by the creditor showed that no reservation whatever was made with respect to the interest.