CORNELIUS, Chief Justice.
Aetna Life & Casualty Company appeals from a default judgment rendered against it in a suit brought by Ted B. Lyon.
Lyon was an employee of Alexander Hospital, Inc. On July 19, 1968, Alexander and Aetna entered into a contract to provide retirement benefits for Alexander's employees. Alexander was responsible for the funding of the plan, and Aetna was only to administer it. In September of 1969, Alexander was purchased by Chanco...
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