Working on a plank 5'
Cole,
The cut you are describing is challenging, but possible on a 20" scroll saw. First the blade--- you call this a hollow plank. If this is something like a hollow-core door, then the 1.5" thickness will be no problem. If you have to cut through a solid 1.5" (as you would at the edge) then you have a slow go of it unless you can find a pretty coarse pitch blade (big teeth). Second, making the turn----- assuming you are making this cut somewhere near the center of the 5' lenghth, then you won't be able to simply make a 90 degree turn after you cut the initial 5 inches. But you can make an approximately 60 degree turn, then stop the saw, leave the workpiece in place with the blade still in the cut, and reset the blade to cut sideways (so that the teeth of the blade are facing to your left or right rather than pointing toward you.) Before you make this blade turn, however, you should make the other 5 inch cut, so that you don't have to make the blade turn twice. Alternatively, if the 5 x 1.5 piece you are removing is just scrap, then you can make your two 5 inch cuts just converge to a point at the middle of the 1.5 inch line so that you can remove most of the scrap without moving the blade. Then you can reset the blade more easily with the workpiece removed from the saw.
I hope you found this helpful.----
Oh, one more thing! The 1.5 inch part of the cut would be a lot easier simply by using a coping saw - they are about $15. Actually, you could do the whole cut with a coping saw.
Good luck!
Al K