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CENTRAL HOME TRUST CO. v. LIPPINCOTT

No. 80-434.

392 So.2d 931 (1980)

CENTRAL HOME TRUST COMPANY OF ELIZABETH, Appellant, v. John T. LIPPINCOTT and Nancy L. Lippincott, Appellees.

District Court of Appeal of Florida, Fifth District.

Rehearing Denied January 23, 1981.

Attorney(s) appearing for the Case

Barry R. Nager, Orlando, for appellant.

William A. Greenberg, Orlando, for appellees.

SHARP, Judge.

The plaintiff, Central Home Trust Company of Elizabeth, New Jersey, appeals from a summary judgment entered against it denying any recovery. Central sued the defendants, the Lippincotts, as makers or obligors of an installment promissory note executed in New Jersey. The trial court held the suit was barred by Florida's five year statute of limitations1 because Central had charged off the Lippincott debt on its books more...

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