Roark v. Hicks

We granted this appeal in two related cases which were consolidated for trial below. The first case presents the question whether the statute of limitations begins to run on a dispute between joint venturers from the time of dissolution of the joint venture or from the completion of its winding up. In the second case, we must determine whether a party who signed a promissory note as a comaker, then paid the note and had it assigned to him, has recourse against the other co-makers.

The facts relevant to the questions raised on appeal are essentially undisputed. John E. Roark, Jr., was the sole…