Purdon v. Seligman

Plaintiff sued defendant for money had and received, the cause of action being the sale to plaintiff of worthless township bonds of Billings, Gladwin •county. These were sold to plaintiff in January, 1879. The suit was brought August 1, 1888,, nine years and a half thereafter. The defense was the statute of limitations, and this was sought to be avoided on the exception of section 8724, How. Stat., which allows suit within •two years after the discovery of a cause of action which *134has been “fraudulently concealed” from the knowledge of the party suing. The alleged fraud consisted in…