Mallin v. Spickard

When this case was previously before this court (Mallin v. Spickard, 103 Ga. App. 562, 120 SE2d 128), it was held that the decision of the Supreme Court in the case of Teasley v. Bradley, 110 Ga. 497 (35 SE 782, 78 ASR 113), was controlling on the question of law presented, to wit: “When money is loaned and there is no agreement as to the time of repayment, the amount loaned is in law due immediately, and the statute of limitations begins to run at once against the borrower.” The case of Smith v. Early, 60 Ga. App. 506 (3 SE2d 913), was also cited in such opinion because it distinguishes…