Good Roads Machinery Co. v. Murphy

The instrument upon which this suit is based is not an ordinary warrant as was dealt with in Fletcher v. Renfroe, 56 Ga. 674; on the contrary it is in essence a draft, payable out of “roads funds,” drawn by the county authorities upon the county treasurer, to pay to the payee thereof a given sum of money on December 31, 1920, with interest from date (June 3, 1919) at the rate of 6 per cent. The instrument was not paid when it became due, and was not paid when presented from time to time, for lack of funds. The statute of limitations against this instrument, like that on any other simple…