LaBarge, Inc. v. Corn Belt Bank

Plaintiff appeals the trial court’s order dismissing its lawsuit against defendants on the basis that the statute of limitations had expired prior to the filing of the lawsuit.

On June 14, 1979, plaintiff filed a complaint for foreclosure of a mechanic’s lien alleging that plaintiff, a subcontractor, entered into an oral contract with Bill V. Martin Construction Co. to furnish materials used in the construction of a subdivision in McLean County. Plaintiff alleged that it had completed its contract on September 10, 1977.

Though the complaint was filed within the applicable two-year statute of…