The limitations provided in this chapter do not apply to such actions as concern the trade of merchandise between merchant and merchant, their agents and factors, while the accounts between them are current.
Code 1858, § 2777 (deriv. Acts 1715, ch. 27, § 5); Shan., § 4474; Code 1932, § 8602; T.C.A. (orig. ed.), § 28-311.
Textbooks. Tennessee Jurisprudence, 18 Tenn. Juris., Limitations of Actions, § 11.