MAIN TOPIC – Different Kind Of Obligations : Resolutionary
FACTS
The petitioners Victorias Planters Association, Inc. and North Negros Planters Association, Inc. and the respondent Victorias Milling Co., Inc entered into a milling contract whereby they stipulated a 30-year period within which the sugar cane produced by the petitioner would be milled by the respondent central. The parties also stipulated that in the event of force majuere, the contract shall be deemed suspended during this period.