Agair Inc. v. Shaeffer

SPARKS, J. pro tem. †

Appellants, Russell O. Shaeffer and Frank Ponke, were the employees of respondent companies. They appeal from a judgment entered in an action brought by their employers for the recovery of funds and from the order of the court denying their motion to vacate the judgment and enter a judgment in their favor. The sole point urged for reversal is that the action was barred by the statute of limitations.

Respondents, Agair Incorporated and Aerial Chemical Corporation, were engaged in a joint venture of operating aircraft for agricultural purposes. Their business, commonly known…