Section 9-3-3. Applicability of limitation statutes; equitable bar  


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  •    Unless otherwise provided by law, limitation statutes shall apply equally to all courts. In addition, courts of equity may interpose an equitable bar whenever, from the lapse of time and laches of the complainant, it would be inequitable to allow a party to enforce his legal rights.
Ga. L. 1855-56, p. 233, §§ 28, 39; Code 1863, § 2865; Code 1868, § 2873; Code 1873, § 2924; Code 1882, § 2924; Civil Code 1895, § 3775; Civil Code 1910, § 4369; Code 1933, § 3-712.