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PEAR v. GRAND FORKS MOTEL ASSOCIATES

Civ. No. 960048.

553 N.W.2d 774 (1996)

David M. PEAR, Plaintiff, Appellant and Cross-Appellee, v. GRAND FORKS MOTEL ASSOCIATES, a North Dakota limited partnership, Defendant, Appellee and Cross-Appellant.

Supreme Court of North Dakota.

Rehearing Denied October 22, 1996.

Attorney(s) appearing for the Case

Fisher, Olson, Daley & Bata, Ltd., Grand Forks, for plaintiff, appellant, and cross-appellee; argued by Michael F. Daley.

Pearson, Christensen, Larivee, Clapp, Fiedler & Fischer, Grand Forks, for defendant, appellee, and cross-appellant; argued by Jay H. Fiedler.

MESCHKE, Justice.

David M. Pear, a limited partner in Grand Forks Motel Associates, appealed a summary judgment that the statute of limitations barred collection of his $100,000 demand note from Associates. Associates cross-appealed a ruling that the demand note was not a capital contribution to the partnership. We affirm in part, reverse in part, and remand.

David's father, Charles Pear, and Stanford Hoye formed Associates as a limited partnership in 1983...

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