50 A.D.2d 552 | N.Y. App. Div. | 1975
— Order, Supreme Court, New York County, entered on June 17, 1974, denying motions for summary judgment, unanimously modified, on the law, so as to grant defendant’s cross motion for summary judgment dismissing the action, and otherwise affirmed, without costs and without disbursements. Plaintiff instituted this action on February 12, 1974 on a promissory note dated September 20, 1967 made by defendant and payable to plaintiff "thirty days after demand”. The sole question before us is whether the cause was barred by the six-year Statute of Limitations. Knapp v Greene (79 Hun 264) involved a note requiring payment "On demand, after three months”. The court held that recovery was time barred, and that the "defendant’s liability, as distinguished from the plaintiff’s right to sue, did not depend upon the performance of a condition precedent. * * * The