Scott v. Palmer

The plaintiff sues upon the following instrument:

“ $2,000.00 April 1, 1916.

“ On demand I promise to pay I. U. Scott Two thousand dollars ($2,000.00) for value received with interest at 5J per cent.

“ HARRIET P. SCOTT.”

The instrument was signed on the back by the defendant, Henry A. Palmer. He sets up the Statute of Limitations. The action was commenced February 25, 1935. Six years prior thereto would be February 25, 1929. The real question here is whether a payment made June 13, 1929, by the defendant, but with moneys belonging to Harriet P. Scott’s estate, stopped the running of the statute…