Masonic Temple Ass'n v. Kistner

Suit was brought upon an agreement to subscribe to a building fund to erect a masonic temple in Elizabeth. The subscription was to be paid in twenty-five equal monthly installments. The agreement was dated October 18th, 1922, and the suit was not brought until November 17th, 1930. The court rightly held the action, except as to the last installment, barred by the statute of limitations. Comp. Stat., p. 3162.

The statute reads as follows: “All actions of debt, founded upon any lending or contract without specialty, * * *

shall be commenced and sued within six years next after the cause of such…