Spiklevitz v. Markmil Corp.

Plaintiff appeals by leave granted from a circuit court order affirming a summary judgment (which should have been designated an accelerated judgment) in favor of defendants. The district court judge ruled that plaintiff’s claim was barred by the statute of limitations.

In 1974, plaintiff loaned money to Vincent P. and Geraldine B. Heron. The Herons executed a note on July 5, 1974, promising to pay plaintiff the sum of $4,800 by January 15, 1975. On April 1, 1980, the Herons sold their business to defendants. At that time, $3,510 remained unpaid on the note to plaintiff. Defendants executed an…