If an action shall be commenced within the time prescribed therefor, and a judgment therein for the plaintiff be reversed on error or appeal, the plaintiff, or if he dies and the cause of action survives, his heirs or representatives may commence a new action within one year after reversal.
[Code 1881 § 41; 1877 p 10 § 42; 1854 p 365 § 15; RRS § 173.]