Kambur v. Matto

JiDUFRESNE, Judge.

This is an appeal by James Kambur, plaintiff-appellant, from a judgment dismissing his petition for executory process against an immovable in satisfaction of a note and mortgage on the grounds that the note had prescribed. For the following reasons we vacate *1080the judgment ruling that the note had prescribed, and remand the matter to the district court for further proceedings.

The obligation in this case derives from a $40,000.00 loan to Arthur Virgadamo by James Kambur, an attorney, on October 24, 1983. The loan was evidenced by a note of the same date which provided that…