CADLE CO. v. RICHARDSON

No. 23475-CA.

597 So.2d 1052 (1992)

The CADLE COMPANY, Plaintiff-Appellant, v. Kenneth C. RICHARDSON and Tammi A. Richardson, Defendants-Appellees.

Court of Appeal of Louisiana, Second Circuit.

April 8, 1992.


Attorney(s) appearing for the Case

Frank M. Auer, Shreveport, for plaintiff-appellant.

William H. Ledbetter, Jr., Bossier City, for defendants-appellees.

Before MARVIN, C.J., and VICTORY and BROWN, JJ.


MARVIN, Chief Judge.

In this 1989 action for the balance owed on a 1977 revolving loan account agreement by a bank customer, which was dismissed on the customer's exception of prescription, the creditor appeals.

The trial court agreed with the customer's contentions that the agreement was an "agreement to lend money," subject to the three-year prescription of CC Art. 3494, and that the last payment on the agreement occurred in 1986, more than three years before...

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