Caputo v. Holt, Administratrix

Catherine Speller died intestate on August 26, 1972, from injuries sustained on August 5, 1972, when she was struck by a truck operated by appellant Francis L. Caputo and owned by appellant Old Dominion Freight Lines. Claiming the right as decedent’s son and only heir, William E. Speller qualified as administrator of the estate on September 1, 1972. On September 5, 1972, appellants’ liability insurance carrier issued a draft in the sum of $20,000, payable to the estate and its attorney, and William E. Speller executed a “General Release” releasing appellants from all liability. The…