Tennessee Brewing Co. v. Hendricks

Citations

• 77 Miss. 491

Syllabus

<p>1. Limitation of Actions. New acknowledgment. Code 1893, $ 3757.</p> <p>An acknowledgment in writing, -signed by the debtor, indorsed on an open account in these words, “I hereby acknowledge that the above balance, two hundred and thirty dollars (the balance shown on the account) is correct,” is a sufficient acknowledgment of the debt, under code 1892, § 2757, to prevent the bar of the statute of limitations.</p> <p>2. Same. Stated account.</p> <p>The written acknowledgment of the debt above quoted converted the open account into a “stated account acknowledged in writing, signed by the debtor,” and the statute of limitation thereafter applicable was the six years statute.</p>