Lewis v. Security-First National Bank

From a judgment in favor of defendant predicated upon the sustaining of a demurrer to plaintiffs’ complaint as amended without leave to amend, on the ground that the alleged cause of action was barred by the statute of limitations, plaintiffs appeal.

This is an action to recover damages for breach of an oral contract to purchase fire insurance for plaintiffs’ benefit, and was filed December 23, 1941.

The pertinent facts alleged in the complaint as amended are: In February, 1937, pursuant to plaintiffs’ application, defendant loaned to them the sum of $4,000. To secure the loan plaintiffs…