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INS. CO. OF N. AM. v. MANUFACTURERS BANK

Docket No. 62062.

127 Mich. App. 278 (1983)

338 N.W.2d 214

INSURANCE COMPANY OF NORTH AMERICA v. MANUFACTURERS BANK OF SOUTHFIELD, NA

Michigan Court of Appeals.

Decided May 20, 1983.

Attorney(s) appearing for the Case

Surridge, Afton, Young & Taylor (by C. Bruce Taylor), for plaintiffs.

Schier & Deneweth, P.C. (by Ronald A. Deneweth), for defendant.

Before: V.J. BRENNAN, P.J., and M.J. KELLY and J. GRAVES, JR., JJ.

PER CURIAM.

Plaintiffs commenced this action against defendant Manufacturers Bank of Southfield, N.A., to recover, as subrogee of the payee, the amount of three checks paid by defendant on forged indorsements. The trial court granted defendant's motion for accelerated judgment brought pursuant to GCR 1963, 116.1(5), on the ground that plaintiffs' action was barred by the period of limitation under MCL 600.5805(8); MSA 27A.5805(8). Plaintiffs appeal the trial court...

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