Andrew O. Nocon vs. Tanauan Institute, Inc., et al.

 [SEC-SICD * CASE NO. 12-98-6161. January 17, 2000.]ANDREW O. NOCON, petitioner, vs. TANAUAN INSTITUTE, INC. ET AL, respondents.D E C I S I O NBefore this Commission for decision is a petition for mandamus to compel the respondent corporation thru its co-respondent Emmanuel Puyo, who is its corporate secretary, to immediately register in the respondent corporation's stock and transfer book the transfer of 598 shares formerly owned by respondent Enriqueta Puyo, to petitioner's name after the latter acquired said shares in an auction sale.The petition alleges, among others: that respondent Enriqueta Puyo is the registered owner of 598 shares of stock of respondent corporation as evidenced by Stock Certificate No. 548; that on September 28, 1995 the said respondent pledged her 598 shares to a certain Juanita Gallevo as evidenced by a contract of pledge which was registered with this Commission on June 7, 1996; that Juanita Gallevo moreover sent a "NOTICE TO CORPORATION ISSUER OF PLEDGED STOCKS' to respondent corporation said notice even bearing the signature of respondent Enriqueta Puyo to indicate her conformity...