Go Azkals

Kabalintunaan

Di ko alam, di ko maintindihan.

Noon akin ka, akin ka ng buo.

Di ko naman ginustong malayo ka

Pero piabayaan lang kita.

Tumahimik ang lahat

Pero hindi ang aking puso at isipan

Sa tuwing ikaw ay natatanaw

Mga nakaw na sulyap laging binibitaw.

Ngayong ako ay may lakas na ng loob

Na lapitan at kausapin ka

Bumabalik ang malakas na pintig

Kaba, tuwa tuwing kausap ka.

Hindi ko maintindihan

Ano ‘tong nararamdaman

Ayokong maging mang aagaw

Hindi kita kayang saktan.

Akin ka noon

Anong nangyari ngayon?

Ako ay nakikihati, nakikibahagi

Sa iyo kapag wala siya.

Masaya talaga

Pero alam kong hindi tama

Pagsisisi lang ang tanging magagawa

Ginawa ko ba ay tama?

adsum

9:42am

Meaning of Beneficial Ownership [G.R. No. 127882. December 1, 2004.] LA BUGAL-B'LAAN TRIBAL ASSOCIATION, INC. vs. Victor Ramos, DENR Secretary

Beneficial Ownership

            Beneficial ownership, as the plain meaning of the words implies, refers to the right to the gains, rewards and advantages generated by the property.

            The concept is not new, but in fact is well entrenched in the law of trusts. Thus, while the trustee holds the legal title to or ownership of the property entrusted to him, he is nevertheless not the beneficial owner. Rather, he holds and administers the property for the benefit of another, called the beneficiary or the cestui que trust. Hence, the profits realized from the administration and management of the property by the trustee, who is the "naked owner," less any lawful fees due to the latter, accrue to the cestui que trust, who is the "beneficial" or "equitable" owner.

            The foregoing concepts are directly applicable to the statement in Section 2, Article XII of the Constitution that "[a]ll lands of the public domain, waters, minerals, coal, petroleum, and other mineral oils, all forces of potential energy, fisheries, forests or timber, wildlife, flora and fauna, and other natural resources are owned by the State."  

The words "owned" and "State" should both be understood on two levels. "Owned" or "ownership" refers to both the legal title to and the beneficial ownership of the natural resources. Similarly, "State" should be understood as denoting both the body politic making up the Republic of the Philippines, i.e., the Filipino people, as well as the Government which represents them and acts on their behalf.