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LIGRAN, INC. v. MEDLAWTEL, INC.

174 N.J. Super. 597 (1980)

LIGRAN, INC., A CORPORATION OF THE STATE OF NEW JERSEY AND MARTIN ANGER, PLAINTIFFS-RESPONDENTS, CROSS-APPELLANT, v. MEDLAWTEL, INC., A NEW JERSEY CORPORATION ET AL., DEFENDANTS-APPELLANTS, CROSS-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided June 20, 1980.

Attorney(s) appearing for the Case

Michael D. Mopsick, argued the cause for appellant Elizabeth Butkus (Jeffer, Walter, Tierney, De Korte, Hopkinson & Vogel, attorneys).

Robert B. Cherry argued the cause for respondents (Barbara A. Nagle, on the brief).

Before Judges LORA, ANTELL and PRESSLER.

The opinion of the court was delivered by PRESSLER, J.A.D.

The primary issue raised by this appeal, not heretofore considered in a reported decision of an appellate court of this jurisdiction, is the question of when the cause of action accrues against the guarantor of payment of a promissory demand note, whether the guarantor is the maker himself or a third person. We hold that the cause of action in either case accrues at the same time it accrues against the maker...

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