Miami Coal Co., Inc. v. Hudson

NEELY, Chief Justice:

This is an appeal from a civil action instituted in the Circuit Court of* Marion County in December 1979 to recover funds allegedly misappropriated over a number of years by Irene Mae Hudson and her husband Frank from the Miami Coal Company. The circuit court applied a five-year statute of limitations to the action. Frank Hudson was sued both personally and as the administrator of his wife’s estate. In addition, Banker’s Life Insurance Company instituted an interpleader action against both Frank Hudson and Miami Coal Company to determine the proper beneficiary of a policy…