TRAVERSE CITY BANK v. RANGER INS. CO.

Docket No. 23366.

72 Mich. App. 150 (1976)

249 N.W.2d 333

TRAVERSE CITY STATE BANK v. RANGER INSURANCE COMPANY

Michigan Court of Appeals.

Decided November 8, 1976.


Attorney(s) appearing for the Case

Murchie, Calcutt & Sondee (by Jack E. Boynton), for plaintiff.

Vandeveer, Garzia, Tonkin, Kerr & Heaphy, P.C., for defendant.

Before: BASHARA, P.J., and ALLEN and C.J. HOEHN, JJ.


ALLEN, J.

This is an action to recover on an insurance policy covering an airplane which was illegally converted by a lessee. Defendant insurance company issued its policy to the owner of the plane and added an endorsement covering the interest of plaintiff bank which held a lien on the plane as the result of its loan to the owner. We are asked to decide if the action is barred by the applicable statute of limitation. The trial judge ruled that it was, and granted...

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