Commonwealth Loan Co. v. Firestine

Section 11221, General Code, recites :

“An action upon a specialty or an agreement, contract or promise in writing shall be brought within fifteen years after the cause thereof accrued.”

■Based upon such statute, Firestine’s main contention is that, under the wording of the cognovit note in issue, plaintiff’s cause of action against the defendants accrued within a short period subsequent to March 7, 1930, by reason of failure to make payments on the note according to its terms; that by virtue of the warrant of attorney in the note plaintiff could have obtained judgment by confession against the…