Neils v. Deist

Plaintiffs appeal from a judgment in favor of defendant in an action to collect the balance of an alleged debt. The case was tried in the District Court of Flathead County without a jury. The District Court held plaintiffs’ claim barred by the five year statute of limitations.

Plaintiffs Ken and Dorothy Neils and defendant Russell Deist had been friends for many years, both socially and through various business transactions. On April 20, 1970, plaintiffs executed a warranty deed conveying a tract of land to defendant. The deed did not specify the purchase price of the land, but only stated…