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SEATTLE-FIRST NAT. BANK v. SCHRIBER

TC A7604-05594; SC 25451.

580 P.2d 1012 (1978)

282 Or. 625

SEATTLE-FIRST NATIONAL BANK, a National Banking Association, Appellant, v. Ronald W. SCHRIBER, Individually and the Marital Community of Ronald W. Schriber and Peggy L. Schriber, Husband and Wife, Respondents.

Supreme Court of Oregon, Department 1.

Decided June 20, 1978.

Attorney(s) appearing for the Case

Charles Robinowitz, Portland, argued the cause for appellant. With him on the briefs was Robert D. Dames, Jr., Portland.

Michael V. Reed, Portland, argued the cause for respondents. With him on the brief were Norman Wapnick and Sussman, Shank, Wapnick & Caplan.

Before DENECKE, C.J., and HOLMAN, HOWELL, and LENT, JJ.

LENT, Judge.

On April 21, 1976, plaintiff, a national bank, filed this action to recover the unpaid balance on a promissory note. Plaintiff alleged that defendant on December 15, 1969, had executed and delivered the note reproduced immediately below in favor of the plaintiff.

Defendant, pursuant to ORS 16.260(7),1 demurred to the complaint for the reason that the action was not commenced within the six-year period...

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